Markets > Futures

PTA futures close lower

2020-04-13 16:17

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ZHENGZHOU, April 13 (Xinhua) -- PTA (purified terephthalic acid) futures closed lower Monday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September 2020 delivery lost 64 yuan (about 9 U.S. dollars) to close at 3,492 yuan per tonne.

On Monday, the total trading volume for 11 listed PTA futures contracts on the ZCE was about 2.14 million lots with a turnover of 38.13 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.
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