Purified Terephthalic Acid Europe

摘要

Purified terephthalic acid producers received no guidancethis week on where the feedstock contract price for Octoberwill settle because the October contract price remainedunsettled for paraxylene in Asia and Europe. Traders said itwould be difficult for Europeans to settle their October PXcontract as the Asian October PX contract was still indispute. Last weekend, Idemitsu settled the October PX ACPwith Chinese PTA maker Yisheng Petrochemicals at$1,620/mt CFR.