PTA futures close higher

0 Comment(s)Print E-mail Xinhua, January 13, 2020
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ZHENGZHOU, Jan. 13 (Xinhua) -- PTA (purified terephthalic acid) futures closed higher Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for May 2020 delivery gained 6 yuan (about 86.63 U.S. cents) to close at 4,924 yuan per tonne.

On Monday, the total trading volume for 12 listed PTA futures contracts on the ZCE was 846,712 lots with a turnover of 20.81 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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