ICIS offers in-depth and insightful coverage for the fast-growing terephthalic industry.
Use ICIS information to:
- Follow price fluctuations and drivers
- Monitor supply/demand dynamics
- Input into your own internal analytical models
- Negotiate contracts using a direct price reference
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 Asia 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 2018
Supply was tight during Q2, largely as a result of scheduled turnaround plans in Asia. An unplanned outage at South Korea’s Hanwha General Chemical’s 700,000 tonne/year PTA unit located at Daesan further tightened supply. Supply also tightened with several technical issues at PTA facilities in Indonesia. Asian PTA producers were also seen exporting materials into Turkey, Europe and the US during the quarter, as supply in those regions were tight as well, due to unplanned shutdowns.
Demand was strong, with high operating rates seen in the downstream polyester sectors. Healthy margins enabled end users to operate their facilities at high levels. Operating rates of polyester units in the key China markets were at above 85% in the second quarter. Firm demand, especially in the PET sectors regionally, kept demand for PTA healthy. Demand in India was largely flat, as the country continued to face credit tightening conditions, impacting demand.
Updated to Q3 2016
In July, Chinese purified terephthalic acid (PTA) prices were weighed down by dipping upstream energy values in the crude and feedstock paraxylene (PX) chain. Prices were assessed as lower in August, tracking falls in upstream energy values, as well as bearish demand in the stock market. Buying sentiment was subdued, as downstream end-users began the shutdowns of polyester units because of the G20 conference. In September, PTA prices were overall assessed as lower, on bearish demand for spot cargoes as end-users postponed buying activities due to the upcoming week-long National Day celebrations in China.
Asia Terephthalic Acid Pricing Report
The ICIS Asia Purified Terephthalic Acid (PTA) pricing report publishes daily and weekly price assessments, market news and analyses for the Asia PTA market. Whether you are a buyer, trader or seller, our pricing information gives you access to time-sensitive deals, offers/bids and price movements. Historical pricing data is also available.
- DEL contract prices for China and Taiwan
- CFR China contract prices
- FOB Asia for formula-based spot prices
- CFR spot prices for India and China Main Ports
- Ex-Warehouse China spot prices
- FOB Northeast Asia Main Ports export spot prices
The report also covers information on downstream polyester industry and an evaluation of the impact of PTA futures are also included, along with a detailed analysis of spot trading activities taken place in China – the most influential PTA market in the region.
Global terephthalic acid (PTA) supply and demand database
ICIS’ online database provides a single, highly searchable source of detailed historical data as far back as 1978 and forecast data up until 2030 for terephthalic acid around the globe. The service combines fully reconciled supply/demand, trade, capacity and ownership data to give you multiple views of the market from a global, regional or country specific perspective.
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.