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What is the difference between pta spot price and futures price?
As of last Friday, 10, 13, Zhengzhou Stock Exchange closed, and the main contract PTA 180 1 closed at 5 148 yuan/ton. For the spot, refer to PTA 180 1 offer discount.

Overall, the basis is almost zero.

Level water: at the time of quotation, spot price = futures price.

Basis = spot price-futures price

PTA 180 1: The main contract of PTA futures at present.

Delivery: Buyer's quotation

Quotation: the seller's quotation