Get the latest data, tools and insight for purified terephthalic acid (PTA) with ICIS pricing and market intelligence.
Our short-to-long-term solutions – from pricing, analytics, industry news and supply and demand data –
ensure that you can evaluate PTA markets from every angle.
Updated to Q1 2019
Supply of purified terephthalic acid (PTA) in the non-China markets was balanced to long amid weak export demand, and the higher operating rates at PTA facilities. On the other hand, PTA supply within the key China markets saw a production loss of around 851,000 tonnes in the quarter.
The first quarter of the year tends to be the traditional low manufacturing season, especially with the Chinese Lunar New Year holiday, resulting in lower operating rates at downstream polyester facilities. The average Chinese operating rates of polyester facilities in the quarter stood at 80.8%.
A force majeure on downstream polyethylene terephthalate (PET) at Indorama Ventures’ facility in Rotterdam, the Netherlands, meant output of PTA was reduced from November to February. This followed a scheduled outage on PTA at Indorama’s Portugal plant in October. There was a planned shutdown at Plastiverd’s Spanish PET facility in Prat de Llobregat in quarter one, which is usually a quiet period for demand.
As the minimal impact from recent, unexpected cuts in supply along the chain shows, demand for PTA into PET has not been as expected for some, although contractual requirements meant that others were sold out for March.
US PTA supply during the first quarter of 2019 was adequate on the back of steady supply of feedstock paraxylene. Prices increased due to rising raw material costs and a stronger adder in its price formula.
US PTA demand in the first quarter of 2019 was moderate, but stable as demand from downstream sectors, mainly polyethylene terephthalate (PET), remained stable. Higher PTA prices did not appear to affect steady demand.
Whether you are buying or selling PTA, ICIS provides you with the right pricing data, analytics, news and market analysis you need to confidently plan and make your trades, as well as shape future strategies and maintain a competitive advantage.
ICIS publishes daily and weekly pricing reports for PTA to help you keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. Information covered in our price reports includes:
Each ICIS PTA pricing subscription comes with analytics tools that take away the hassle of developing your own analysis. Quickly access data such as:
ICIS brings you breaking chemical news as it happens – including market moves, analysis, data and more. The service is reliable, authoritative and always available when you need it most.
Stay on top of terephthalic acid (PTA) markets across all regions with ICIS news.
Get a long-term view of the market with the ICIS Supply and Demand Data Service, which offers end-to-end perspectives of the PTA markets.
Gain quick access to data on import and export volumes, plant capacities, production, product trade flows, companies and route. With historical data from 1978 and forecasts available up to 2040, this powerful data and analytics service from ICIS helps senior management, strategists, business planners, analysts and risk managers to:
Working closely with you to understand your strategies, challenges and ambitions, the consulting team at ICIS delivers tailored advice and solutions to suit your unique requirements. With many years of experience in guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
Interested to find out how we derive our prices? Find out more about our PTA methodology coverage here
Our locally based experts provide in-depth regional price reports into specific chemical markets.
Our benchmark prices have been trusted by buyers and sellers around the globe for nearly 40 years.
Choose ICIS for concise information and easy-to-access formatting, all delivered straight to your inbox.
Make better business decisions by using our powerful analytics tools to gain a 360-degree view in today’s ethylene glycol markets.
Xylenes – mixed xylenes, naphtha
PET, polyester fibre, diisononyl phthalate
HOUSTON (ICIS)--China's latest list of proposed tariffs against the US covers hundreds of chemicals and plastics, with the first batch taking effect in a little more than a week. Image by...Read
LONDON (ICIS)—Italy is likely to hold a general election soon, after deputy prime minister Matteo Salvini pulled the plug on the government. This could have an impact on the submission of...Read
SINGAPORE (ICIS)--Polymer polyols market players in the Middle East have largely taken in stride new spot supply from Saudi Arabia’s Sadara Chemical, expecting no major market impact despite weak...Read