Chemical Updates

Asian PTA: Prices fall tracking weaker PX / Domestic China premiums fall week over week / Ship delays keep India balances tight

Aug 29, 2026

Asian PTA prices rose day over day Aug. 28 but fell week over week, tracking weakness in paraxylene. the FOB China marker at $830/metric ton, up $18/mt day over day and $10/mt lower week over week. In upstream PX markets, the PX CFR Taiwan/China marker at $1,086/mt, down $19/mt week over week. In the domestic China market, floating price premiums for prompt cargoes fell after a spike in the previous week. the China domestic marker at a premium of 195 yuan/ mt against the front-month TA2609 futures contract listed on the Zhengzhou Commodity Exchange, down from 490 yuan/mt in the previous week. Along the polyester value chain in China, market sources estimated PX operating rates at 76.4% on Aug. 27, up from 72.9% in the previous week. PTA operating rates...

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