Asian PTA: Prices rise with upstream PX / Indian buyers await new capacity coming online / Discussions stall as demand weakens

Oct 31, 2026

Asian purified terephthalic acid prices rose on the day and on the week, tracking strength in upstream paraxylene prices. the FOB China marker at $1,020/mt, rising $13/mt on the day and $40/mt on the week. The Asian paraxylene CFR Taiwan/China marker closed at $1,371/mt on Oct. 30, rising $63.33/mt on the week. the domestic China marker at a 575 yuan/ mt premium against the TA2701 contract, stable from the previous week. In export markets, discussions remained thin as buyers in the key export market, India, showed little interest in further spot cargoes, amid weakening demand and expectations of additional capacity coming online in the country. A polyester producer said market fundamentals remained soft, with a possible recovery in sight after the Diwali holidays or in the second half of November....

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