Markets > Futures

PTA futures close lower

Xinhua News,ZHENGZHOU
2020-03-30 16:22

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PTA (purified terephthalic acid) futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for May 2020 delivery lost 186 yuan (about 26.4 U.S. dollars) to close at 3,132 yuan per tonne.

On Monday, the total trading volume for 12 listed PTA futures contracts on the ZCE was 1,797,507 lots with a turnover of 29 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.
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