Purified Terephthalic Acid Asia

摘要

The Asian purified terephthalic acid market was assessed at $1,029/mt Friday, up $24/mt from the previous week, lifted by a crude-led polyester market recovery in China. Lower PTA plant operations due to Typhoon Haikui in East China mid-week also added some strength. The Asian PTA market was driven by a crude-led recovery in polyester markets in China earlier this week. September ICE Brent futures were assessed at $112.57/barrel at 4:30 pm Singapore time (0830 GMT) Friday, up $5.58/barrel week on week.