processing...

Chemical Market Blog Details

Asian PTA: Prices fall as feedstock support fades / Spot premiums against PX rangebound / Term contract discussions begin

Asian PTA: Prices fall as feedstock support fades / Spot premiums against PX rangebound / Term contract discussions begin

Oct 17, 2026

Asian PTA prices fell day over day and week over week Oct. 16, tracking weakness in upstream PX markets. the FOB China marker at $960/metric ton, down $21/mt day over day and $33/mt week over week. In upstream PX markets, the PX CFR Taiwan/China marker at $1,277.67/mt, down $48.33/mt week over week. Market participants said discussions remained slow during the week, while activity is expected to pick up next week. the domestic China marker at a 515 yuan/mt premium against the TA2701 contract, down from 915 yuan/mt in the previous week. Market sources attributed the fall in spot premiums to seasonal destocking along the value chain after the Golden Week holidays as well as resistance from downstream users along the polyester chain to sustained high feedstock prices. A source also...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.

Login to Continue