PTA futures close lower

0 Comment(s)Print E-mail Xinhua, November 07, 2019
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ZHENGZHOU, Nov. 7 (Xinhua) -- PTA (purified terephthalic acid) futures closed lower Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for January 2020 delivery lost 82 yuan (about 11.71 U.S. dollars) to close at 4,754 yuan per tonne.

On Thursday, the total trading volume for 9 listed PTA futures contracts on the ZCE was 1,746,606 lots with a turnover of 41.7 billion yuan.

As the world's largest producer and consumer of PTA, China listed PTA futures on the ZCE in 2006 and opened to international investors in November 2018.

PTA, a commodity chemical and textile raw material, is a downstream product of petroleum and one of the most important bulk organic raw materials in China. Enditem

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