Terephthalic acid Europe Transcript
The European purified terephthalic acid (PTA) market is highly dependent on the exciting world of the PTA feedstock paraxylene (PX), also on PTA capacity and its developments and downstream PET activity. All of this is accurately described in the ICIS report.
The weekly updates hosts free delivered (FD) northwest Europe (NWE) monthly contract prices for PTA and for PX. The previous year’s PTA prices are also included as well as a dollar per metric tonne conversion, crucial for making informed decisions about this global commodity.