ZHENGZHOU, Dec. 9 (Xinhua) -- PTA (purified terephthalic acid) futures closed higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).
The most active PTA contract for January 2020 delivery gained 28 yuan (about 3.98 U.S. dollars) to close at 4,820 yuan per tonne.
On Monday, the total trading volume for nine listed PTA futures contracts on the ZCE was 2,474,602 lots with a turnover of 60.18 billion yuan.
As the world's largest producer and consumer of PTA, China listed PTA futures on the ZCE in 2006 and opened them 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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