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China PTA Futures Weekly Report (March 18, 2019)

Fang submitted 2019-03-18 19:30:46

This week: the closing price of the main contract of PTA futures on Friday was 6430 yuan, 174 yuan lower than the closing price of the last trading day of last week. The highest price for this week is 6668 yuan, and the lowest point is 6382 yuan.

This week:the total volume of the main contract was 11232358 lots, an decrease of 2483118 lots from last week. After the close of trading this Friday, the open interest of the main contract was 1003682 lots, an decrease of 87572 lots from the last trading day of last week.

12654564 lots of China PTA futures were traded during this week, and the weekly turnover (notional value) was 410.85 billion yuan (RMB), approximately61.17 billion (USD). The average daily trading volume for the current week was 2530912.8 lots/day.

Notes: The main contract refers to the futures contract with the maximum open interest.

Table:Volume, Open interest and Turnover of PTA futures

Category

Current week

Last week

WoW Change

Volume

12654564

15250984

-20.52%

Open interest

1758836

1681928

4.37%

Turnover(10,000 yuan)

41084558

50604624

-18.81%

Graph: Close price of TA.CZC(in CNY)

Graph: Volume & Open Interest of TA.CZC

Notes:

The last trading day for China PTA futures March 2019 contract (TA903) is 2019-03-14 and the final delivery date is 2019-03- 18


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