ICIS is implementing a process of rolling consultation on all of its pricing methodologies. This consultation paper is part of this formal process and covers all of the ICIS primary price points included in the Purified Terephthalic Acid (PTA) weekly publications.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific Purified Terephthalic Acid (PTA) market issues.
Click here to view the Purified Terephthalic Acid (PTA) Methodology Consultation 2023 – GMC3223
ICIS received one response during the consultation, suggesting the inclusion of an index to track Korea-origin PTA prices. ICIS will canvass the market and provide a response in early January 2024. Any decision to change this methodology will be communicated to subscribers using the usual channels and with the usual notice period.
ICIS continues to welcome any feedback on its Purified Terephthalic Acid (PTA) methodology outside of the formal consultation process.
To provide further comments or feedback please contact William Lemos, Deputy Editorial Director: William.Lemos@icis.com
