PTA prices firm up in Asia

Asian PTA prices, CFR China and CFR Southeast Asia marker were both firm in the third week of January. In China, offers for bonded goods were up US$5 a ton during the week.

Purified terephthalic acid prices in Asia were stable to up that week on the back of firm upstream values. PTA market is likely to see weak correction in the coming week as demand weakened. However, since several major PTA units will undergo maintenance in February, together with strong cost support, PTA market will still hold strong capability to resist price drop.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices rise on increasing demand in Asia

Asian PTA prices were up US$15 a ton CFR China and CFR Southeast Asia in the first week of January. In China, offers for bonded goods were up US$10 a ton and discussions for nearby month cargoes were talked up on the week. Yisheng Petrochemical hiked its self-lifting price by US$10 from previous week while Hengli Petrochemical kept stable.

Purified terephthalic acid prices in Asia jumped this week on higher upstream values and growing demand.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices stable to weak in Asia

In China, offers for bonded goods were down US$10 a ton in the second week of October. Yisheng Petrochemical lowered its self-lifting price by US$10 from last week while Hengli Petrochemical kept unchanged on the week. Purified terephthalic acid prices in Asia were stable to weak after the National Day holiday week in China as market fundamentals were largely unchanged supported by tight supply.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Asian PTA market defies price drop in upstream market

Asian PTA prices were up US$5 a ton CFR China and CFR Southeast Asia in the last week of September which ended on 29th September 2017. In China, offers for bonded goods were up US$5 a ton and discussions for nearby month cargoes were talked in that range. Yisheng Petrochemical raised its self-lifting price by US$5 from previous week while Hengli Petrochemical kept stable offers.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices edge higher on tight supply and strong upstream cost

Asian PTA prices rose US$10 a ton CFR China and CFR Southeast Asia marker in the first week of this month which ended on 8th September. In China, offers for bonded goods were up US$15 a ton during that week. Yisheng Petrochemical raised its self-lifting price by US$15 a ton as compared to the last week of August while Hengli Petrochemical kept prices firm.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price edges down in Asia

Asian PTA prices were down US$10 a ton CFR China and CFR Southeast Asia in the third week of August. Purified terephthalic acid market in Asia edged down on expectations that the production will increase in September. Yisheng Petrochemical decreased its self-lifting price for the week while Hengli Petrochemical kept stable.

BP Zhuhai restarted one PTA unit ahead of schedule, and Yizheng Chemical Fiber postponed the maintenance. Hengli Petrochemical restarted Dalian PTA line with a capacity of 2.2 million tons per year.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price inches up on rising paraxylene values

Asian PTA prices inched up US$2-5 a ton CFR China and CFR Southeast Asia in the last week of June. In China, offers for bonded goods picked up US$2 a ton and discussions for firm deals inched up on the week. Yisheng Petrochemical raised its self-lifting price by US$2 a ton. In India, CIF values rose US$5 a ton.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price sobers in Asia, Europe

Asian PTA prices sobered US$10 a ton CFR China and CFR Southeast Asia in the third week of June. In China, offers for bonded goods were down US$2 a ton, and discussions for nearby-month cargoes were down US$7 a ton on the week.

Purified terephthalic acid prices continued to inch down throughout the week in Asian market, posting a 30-week low. Cost support weakened as paraxylene values kept weakening while naphtha fluctuated with a slight drop, prompting PTA market to decline as well.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price remains stable on thin trade

Asian PTA markers CFR China and CFR Southeast Asia remained unchanged in the second week of June. In China, discussions for nearby-month cargoes were down US$3 a ton on the week. In China, PTA market was under fluctuation, with Yuan-based prices up and US$ based value down from previous week. Taiwan saw increased demand for spot PTA due to lower operating rates in recent weeks.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price gains on high demand

Asian PTA prices gained US$9 a ton CFR China and CFR Southeast Asia in the first week of June. Purified terephthalic acid prices rose in Asian markets on strong fundamentals, higher demand and support from firming upstream paraxylene prices.

In China, PTA market showed strong performance that week, with average price up from previous week. Spot PTA supply was tight and the spread on offers and discussions between PTA spots and futures narrowed steadily.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

 
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