Purified Terephthalic Acid Asia

摘要

Asian purified terephthalic acid prices fell $12/mt week on week to be assessed at $718/mt CFR China, $736/mt CFR Southeast Asia and $748/mt CFR India Friday amid falling PTA futures and increasingly bearish sentiment over lackluster PET and polyester markets. With a spate of PTA plant issues seemingly subsiding, attention turned to waning demand for PET and polyester. PTA market participants expect spot prices to slip further if demand for PET and polyester does not pick up over July and August. However, “the June to August period is traditionally slow for PET and polyester, so spot prices tend to be challenged during this period,” a trader said. Operating.