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Tight supply of PTA due to G20 summit in key China market

Related Keywords: Asia’s PTA likely to continue to rise, due to G20 summit conducted in Hangzhou City, eastern Zhejiang province, for duration of the summit, or cut production to ensure better air quality, petrochemical plants mandated to either shut, PTA in the key China market, Tight supply of purified terephthalic acid, uptick in demand

With tight supply of purified terephthalic acid (PTA) in the key China market due to the G20 summit conducted in Hangzhou City in the eastern Zhejiang province with petrochemical plants in the surrounding areas mandated to either shut or cut production to ensure better air quality for the duration of the summit, the of Asia’s PTA likely to continue to rise due to an uptick in demand, industry sources.

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