ICIS offers in-depth and insightful coverage for the fast-growing terephthalic industry.
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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
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Price History – More information about the historical price data we publish on Gas
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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 Q1 2017
PTA units continued running at high rates to feed urgent downstream demand from polyester units. Some Asian PTA producers had oversold PTA cargoes into the futures market and were sourcing for import cargoes to cover contractual requirements.
Plant shutdowns and delayed restarts in China, India and Indonesia contributed to the tightness, with key sellers running out of spot volumes for the first quarter. China's Yisheng Petrochemical conducted a turnaround at its No 3 line in Ningbo for 10 days, while India's MCPI shut its No 1 line for two months for a turnaround. Indonesia's Indorama also delayed a restart to February after starting a turnaround in early December. Reliance Industries shut its No 3 line in Hazira for about seven days on a technical fault and cut contract volumes to term buyers in regional markets, driving demand up further.
Spot demand from India and Indonesia were among the most active, with numerous buyers sourcing for limited volumes from key sellers. Sellers who had cargoes were charging premiums of up to $20/tonne over CFR CMP-based formula prices.
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.