ICIS price reporting for regional Terephthalic acid markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
Use ICIS information to:
- Inform your internal data models
- Substantiate your position in negotiations
- Set terms for settlements and contracts
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.
Terephthalic acid news and market information products from ICIS
We offer the following regional Terephthalic acid coverage to keep you informed of factors and developments affecting prices in the Europe Terephthalic acid marketplace.
Price Reporting – More information about the price reports we publish on Terephthalic acid
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
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.
Updated to Q2 2016
Domestic producers of purified terephthalic acid (PTA) experienced price pressure on spot volumes due to all the product coming into the EU from elsewhere, buyers said. This is despite the lack of Artlant PTA's 700,000 tonne/year unit in Sines, Portugal.
Imports into the EU from the rest of the world increased from 65,396 tonnes in April 2015 to 80,736 tonnes in April 2016.
Indorama postponed its PTA and polyethylene terephthalate (PET) shutdown in the Netherlands from the second, to the third, and now to the fourth quarter, sources said.
Upstream PTA capacity in Rotterdam is due to be expanded and official Indorama figures take it up from 350,000 tonnes/year to 650,000 tonnes/year.
PET capacity in Rotterdam totals 410,000 tonnes/year, comprising a line of 200,000 tonnes/year and a second line of 210,000 tonnes/year.
April contract prices increased by €40/tonne to €632-662/tonne FD NWE, following the confirmed upstream paraxylene (PX) settlement, according to ICIS calculations.
May PTA prices rolled over, as did PX, but by June, a split settlement on PX resulted in an automatic minor increase of €2/tonne to €634-664/tonne for downstream PTA contracts.
Updated to Q1 2016
The US purified terephthalic acid (PTA) market during the first quarter saw decreases based on movement in the US paraxylene (PX) contract market.
PTA is made from PX, and is then used to make polyethylene terephthalate (PET).
The US PTA price is not freely negotiated and, for the purposes of the ICIS assessment, its movement is equivalent to 67% of the US PX price delta for the month in which it was settled.
The European purified terephthalic acid (PTA) market is highly dependent on PTA feedstock paraxylene (PX), PTA capacity and its developments, and downstream PTA activity. These factors are 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.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Terephthalic acid. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Terephthalic acid, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.