Markets > Futures

PTA futures open lower

2019-05-16 09:18

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ZHENGZHOU, May 16 (Xinhua) -- PTA futures were lower Thursday in early trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September delivery lost 12 yuan (1.75 U.S. dollars) to open at 5,574 yuan per tonne.

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.
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