PTA futures close higher

0 Comment(s)Print E-mail Xinhua, February 23, 2021
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ZHENGZHOU, Feb. 23 (Xinhua) -- PTA (purified terephthalic acid) futures closed higher Tuesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for May 2021 delivery gained 190 yuan (about 29.45 U.S. dollars) to close at 4,564 yuan per tonne.

On Tuesday, the total trading volume for 12 listed PTA futures contracts on the ZCE was 3.61 million lots with a turnover of 82.2 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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