PTA prices stable to weak in Asia

YarnsandFibers News Bureau 2017-10-26 08:01:58 –

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.

China's Jiangsu Hailun Chemical shut its PTA plant for maintenance which has a capacity of 1,200,000 tons per year. China's Sinopec Yizheng Chemical Fibre also shut its PTA plant for maintenance which has a capacity of 650,000 tons per year.

In Europe, purified terephthalic acid market remained long, and spot activity was said to be quiet as customers were covered in terms of supply.

Courtesy: Weekly PriceWatch Report

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello