ICIS price reporting for regional Terephthalic acid markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
Updated to Q2 2019
PTA availability is normally on a par with increasing demand as the peak PET bottling season kicks in in the second quarter. The global supply chain is fragile though, as demonstrated by the string of unexpected disruptions during the first half of 2018.
The pull on PTA volumes into PET usually grows in the second quarter, as demand for bottles increases during spring and summer months. While this is likely to be the case due to the weather becoming warmer, the broader macroeconomic outlook means buyers have hesitated thus far, and there may be doubts cast over the extent of the seasonal peak.
US PTA supply in the second quarter of 2019 is likely to be sufficient to tight as demand from the downstream PET resin sector starts to pick up ahead of the peak consumption season in the summer.
US PTA demand in the second quarter of 2019 is likely to be strong as downstream PET producers start to increase inventory levels in preparation for the peak summer season of food packaging and carbonated drinks during the summer.
We offer the following regional Terephthalic acid coverage to keep you informed of factors and developments affecting prices in the Europe Terephthalic acid marketplace.
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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 European purified terephthalic acid (PTA) market is highly dependent on PTA feedstock paraxylene (PX), PTA capacity and its developments, and downstream PTA activity. These factors are accurately described in the ICIS report.
The weekly updates hosts free delivered (FD) northwest Europe (NWE) monthly contract prices for PTA and for PX.
The previous year’s PTA prices are also included as well as a dollar per metric tonne conversion, crucial for making informed decisions about this global commodity.
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.
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