Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

PTA market rally may falter amid cautious buying

Author: CCFGroup.com     Time: Sep 10 2019 2:23PM

At the beginning of September, PTA futures market rebounded and the spot prices rose as Hengli announced turnaround plan and China's central bank announced to cut the reserve requirement ratio (RRR) by 50 basis points from Sep 16. However, the market players showed low interest in chasing up. The trading atmosphere quickly fell. ...
Member ID:
Stay logged in for 30 days
Forget Your Password?

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

   Related Articles
PTA market daily (Sep 23, 2019)
PTA futures market daily (Sep 23, 2019)
PFY sales modest today
ZCE PTA futures Jan contract closed 0.66% higher
PTA spot market slightly softens
PTA/MEG market morning express (Sep 23, 2019)
China polyester market snapshot (Sep 23, 2019)
Reignwood shuts PTA unit for turnaround
PTA market weekly (Sep 16-20, 2019)
PTA futures market daily (Sep 20, 2019)