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India PTA: Prices fall week over week; market sentiment under pressure  / Additional US import penalty on Indian goods dents sentiment  / Pre-festival restocking yet to be seen in downstream sectors

India PTA: Prices fall week over week; market sentiment under pressure / Additional US import penalty on Indian goods dents sentiment / Pre-festival restocking yet to be seen in downstream sectors

Jun 12, 2026

Purified terephthalic acid prices in India were volatile in the week to Aug. 29, easing a tad compared with last week after climbing up to $722/mt CFR India on Aug. 26. The prices tracked feedstock paraxylene values during the week, while the spread between CFR China and CFR India prices remained stable. PTA CFR India stable day over day but down $4/mt week over week at $712/mt on Aug. 29, placing the spread to CFR China at $78/mt. The weekly average rose $9.4/mt to $715.8/mt CFR India. The spread between CFR China and CFR India remained stable from a week prior at $78/mt on Aug. 29, supported by unchanged freight rates from various Asian origins to India. Asian PX prices rose during the week, led by speculation of a possible...

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