ICIS offers in-depth and insightful coverage for the fast-growing terephthalic industry.
Updated to Q1 2021
Oversupply in China is expected to continue in Q1, as several new PTA facilities are scheduled to start up. A total of around 8.2m tonne/year of new PTA facilities are scheduled to start in the quarter, with all three new units located in China. Inventories in China are already at 3.5m-4m tonnes, slightly above the country’s monthly demand.
Demand, especially in China, is expected to decline as a result of the Lunar New Year holiday season. With the polyester industry being labour intensive, polyester facilities are either shut or operating rates are reduced during this festive season. Typically, operating rates of Chinese polyester facilities are reduced by 10-20 percentage points.
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 & market analysis specifically relating to Terephthalic acid
Breaking news of latest developments affecting the markets. Insight and analysis of factors driving prices.
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:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
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The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry,
including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
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ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
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Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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.
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.
Find out more about the supply and demand database
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.
Polyester
