ICIS offers in-depth and insightful coverage for the fast-growing terephthalic industry.
Updated to Q2 2020
Inventories within China is well above the 3m tonnes, while supply is poised to increase further amid a lack of scheduled turnarounds. Relatively healthy spread between feedstock PX and PTA is expected to keep run rates at a higher level. A northeast Asia PTA producer is considering a switch from PTA production to purified isophthalic acid (PIA) from the middle of the year.
The spread of the coronavirus globally has limited growth in downstream polyester demand. Downstream textile and apparel industries saw an adverse effect from the virus, thus likely to keep polyester run rates low, limiting requirements for PTA. Demand from the PET sector might remain steady, but this only represents around 20-25% of the downstream markets.
We offer the following regional Terephthalic acid coverage to keep you informed of factors and developments affecting prices in the Asia Terephthalic acid marketplace.
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Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
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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.
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Purified terephthalic acid (PTA) is primarily used in polyester production with polyester fibre consuming a large proportion of global output.
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.
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.
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.