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[PTA futures officially opened for internationalization 78 overseas customers opened their own accounts successfully]
Release date:[2018/12/4] Is reading[664]次

On November 30th, the launching ceremony of PTA futures introduction of overseas traders was held at Zhengzhou Commodity Exchange (hereinafter referred to as “Zhengshang Institute”). It is understood that PTA futures is the first chemical product in China's futures market, and the first chemical product to introduce foreign traders. According to Guo Shuhua, director of the Non-Agricultural Products Department of Zhengshang, as of 3:30 pm on November 29, 78 overseas customers of PTA Futures have successfully opened accounts and applied for 81 transaction codes.


At present, among China's international futures varieties, crude oil futures and iron ore futures have been the forerunners in the world, and PTA futures are China's unique futures varieties, and are the only polyester futures varieties in the world.


Fu Xiangsheng, vice president of the China Petroleum and Chemical Industry Federation, said at the launching ceremony that since the listing of PTA futures, it has been the best chemical product futures with the highest participation and function of domestic enterprises, providing effective domestic polyester upstream and downstream enterprises. The basis of price reference has played an important role in promoting the healthy, stable and orderly development of China's polyester industry. PTA futures are introduced to overseas traders, and global polyester industry chain companies can participate, and the international influence of PTA futures prices will be further enhanced.


Jiangsu Xuzhou Heping Chemical Fiber Co., Ltd.,as a medium-sized chemical fiber enterprise with advanced testing equipment and annual production capacity of 12,000 tons, which is spinning, double-twisting, thread-making and weaving, always adheres to the principle of "quality first, customer first". Business philosophy, to provide customers with the highest quality products. The polypropylene high strength wire produced by the company not only has good corrosion resistance and wear resistance, but also has a long service life, and is a new type of green environmental protection material.


"Peace" brand polypropylene high strength wire will be your best choice!


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