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China PTA Futures Weekly Report (March 25, 2019)

Fang submitted 2019-03-25 13:07:47

Review:

This week: the closing price of the main contract of PTA futures on Friday was 6362 yuan, 68 yuan lower than the closing price of the last trading day of last week. The highest price for this week is 6428 yuan, and the lowest point is 6206 yuan.

This week:the total volume of the main contract was 9684964 lots, an decrease of 1547394 lots from last week. After the close of trading this Friday, the open interest of the main contract was 998796 lots, an decrease of 4886 lots from the last trading day of last week.

11333088 lots of China PTA futures were traded during this week, and the weekly turnover (notional value) was 355.94 billion yuan (RMB), approximately53.17 billion (USD). The average daily trading volume for the current week was 2266617.6 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

11333088

12654564

-11.66%

Open interest

1859626

1758836

5.42%

Turnover(10,000 yuan)

35593596

41084558

-13.37%

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 (TA904) is 2019-04-15 and the final delivery date is 2019-04- 17


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