Purified Terephthalic Acid Asia

摘要

Asian purified terephthalic acid ended the week at$1,183/mt CFR China/Southeast Asia/India, down $32/mt or2.63% from last week. The market was quiet throughout thisweek as China was closed for a week-long National Dayholiday. PTA is now at a 2 1/2-month low as most traderssold down the commodity before the Chinese holiday. Withlittle liquidity, market participants kept their eyes on PXfeedstock, which was extremely volatile, mirroring thefinancial markets.