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PTA price slips after recent gains

Asian PTA marker fell US$3 a ton CFR China and Southeast CFR in the second week of November.

In China, selling indications for cargoes held steady at above US$600 a ton throughout the week with discussions slipping to US$600-605 a ton from US$610 a ton earlier in the week.

Yisheng Petrochemical’s offers were pegged at US$640 a ton throughout this week while Hengli Petrochemical issued self-lifting offers in the range of US$635-640 a ton.

Purified terephthalic acid prices slipped in Asian markets amid bearish sentiment and thin trading.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price regains in Asia

In the first week of November, Asian PTA marker partially regained US$9 a ton both CFR China and Southeast CFR.

In China, suppliers kept offers unchanged, and sellers held back selling interest at below US$600 a ton.

Yisheng Petrochemical kept daily cash-based price for PTA unchanged at US$640 a ton while Hengli Petrochemical issued self-lifting offers at US$630-635 a ton.

Purified terephthalic acid prices rose in Asian markets that week to end at a two-week high as plant shutdowns limited availability while rebound was seen as limited amid weakness downstream.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price recovers in Asia

Asian PTA prices regained US$12 a ton CFR China in the fourth week of October.

In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton.

Yisheng Petrochemical issued daily cash-based price for PTA up US$10 to US$640 a ton, with no enquiries for arrived or to-arrive-at-port cargoes for the moment.

Hengli Petrochemical issued self-lifting offer for bonded cargoes on one-day trip at Chinese main ports at US$630 a ton.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price declines amid weak market sentiment

Asian PTA prices moderated US$12 a ton CFR China in the third week of October.

In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton.

Some deals concluded at US$600-610 a ton, midweek.

Yisheng Petrochemical’s cash-based prices for this week were in the range of US$630-640 a ton, while Hengli Petrochem issued self-lifting offers in the range of US$640-645 a ton.

Asian purified terephthalic acid markets, which had firmed up after the National Day holiday in China, saw prices down in that week.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price edges up in Asia while stable in Europe

Asian PTA markers inched up US$2 a ton CFR China in the last week of September.

In China, potential negotiations were pegged at US$575-580 a ton.

Yisheng Petrochemical cut its price for PTA by US$10 ton, but no enquiries on the week. Hengli Petrochemical issued self-lifting offers at US$620 a ton.

Purified terephthalic acid prices edged up this week amid thin trading and weak polyester demand.

However, operating rates at several downstream PET and polyester plants in China had reportedly improved but this did not led to significant demand for spot or prompt cargoes.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price in Asia continues to fall

Asian PTA markers fell US$4 a ton CFR China in the first week of September while the CFR Southeast Asia marker was down US$9 a ton. In China, offers were down by US$10, with no enquiries for arrived or to-arrive-at-port cargoes for the moment. Hengli Petrochemical issued self-lifting offer for bonded cargoes on one-day trip in Chinese main ports at US$625 a ton.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price declines sharply in Asia

Asian PTA prices fell in the last week of August on ample supply as the assessment considered bid and offer levels for first-half September loading cargoes. PTA marker, the CFR China was down US$29 a ton on the week. Yisheng Petrochemical’s offers were down US$45 a ton with enquiry absent in the week. Hengli Petrochemical issued self-lifting offers were down US$10 a ton.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA price in Asia faces the brunt of sluggish demand

Purified terephthalic acid prices in Asian markets slipped in the first week of August amid bearish downstream polyester markets as end-users remained sluggish, expecting the lack of buying interest to pressurize spot prices through August. Hengli Petrochemical made an announcement midweek that it was shutting two of its PTA units in China.

Related Keywords: Polyester prices, pta price in China, pta price in Europe, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices moderate as plants issues in Asia fade away

Purified terephthalic acid prices moderated in Asian markets as the spate plants issues subsided slowly and attention was turned towards waning demand for PET and polyester. Market plants expect spot prices to fall further if demand does not pick up over July and August.

Related Keywords: Polyester prices, PTA prices, Purified terephthalic acid price in Asia, Purified terephthalic acid price in Europe, purified terephthalic acid prices

Polyester feedstock and intermediate prices on the rise despite China on holiday

Related Keywords: ethylene prices, MEG prices, mono ethylene glycol prices, paraxylene prices, Polyester price, PTA prices, purified terephthalic acid prices

Polyester feedstock – ethylene and paraxylene and intermediates – purified terephthalic acid and mono ethylene glycol, prices are moving up now. In the week ending 20 February, although the major producer and consumer China was on a long Lunar New Year holiday prices strengthened during the week. It all began with crude oil prices recording three consecutive weeks of gains, both US futures and European Brent. Since end of January, oil prices have gained 13 per cent on news of falling rig counts in US. This led to support to downstream derivative naphtha markets.

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