Terephthalic acid

Terephthalic acid Prices, markets & analysis

With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Terephthalic acid market, whether you buy or sell Terephthalic acid or related products.

From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions. 

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Terephthalic acid Overview Transcript

Terephthalic acid or PTA is made by oxidising paraxylene or PX, nearly all the pta is consumed in polyester production including fibre and yarn, polyethylene terephthalate (PET), bottle resin or polyester film.

The textile and garment industry consumes a large proportion of global PTA output.

China is the most important import market for PTA due to its huge polyester capacity, over half of the world’s total. What happens in China, sets the tone across Asia and the world.

Sentiment plays an important role in driving Asia’s PTA spot prices. It fluctuates in line with the change in PTA futures pricing traded on the Zhengzhou commodities exchange, which in turn takes its cue from crude futures prices, equity markets, Chinese economy and financial policies and the worlds economic and political environment.

While PTA futures drive sentiment and daily trading, market fundamentals of demand and supply form the basis for longer term market outlooks. PTA Supplies have generally been tight in recent years and are expected to remain snug due to fast growing polyester expansion, especially in China.

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Terephthalic acid news and market information products from ICIS

We offer the following regional Terephthalic acid analysis and news coverage to keep you informed of factors and developments affecting prices in the Terephthalic acid marketplace.

  • Price reporting

    Price Reporting – More information about the price reports we publish on Terephthalic acid

    Independent price assessments and market coverage by region

  • Price history

    Price History – More information about the historical price data we publish on Terephthalic acid

    Track historical price data

  • News & analysis

    News & Analysis - News & market analysis specifically relating to Terephthalic acid

    Breaking news of latest developments affecting the markets.

    Insight and analysis of factors driving prices.