Recently, two Chinese PTA producers announced the PTA listing contract prices for December.
FCFC Ningbo has announced its contract price at 8,600 Yuan / ton and that of Oriental Petrochemical (Shanghai) Corporation is also 8,600 Yuan / ton.
Meanwhile both these companies also announced November settlement price at 8,600 Yuan / ton.
The plants of both the companies are running at full capacity rates.
Fibre2fashion News Desk - China