European purified terephthalic acid prices remained unchanged this week, following a rollover settlement upstream in PX. The May contract price was initially settled at Eur1,120/ mt ($1,476/mt) FD NWE, market sources said. Consumers believed the settlement was on the high side, considering PX spot pricing in April. Downstream, the PET market gained momentum, sources said, amid a cautious seasonal improvement in demand.
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