PTA Market Analysis: Rising Costs & Demand

India PTA: Prices up, supported by firmer upstream crude, paraxylene / Freight rates from Asian origins rise: market participants / Domestic trade activity expected to pick up next week: buyer

Jun 06, 2026

Purified terephthalic acid prices in India rose in the week to Oct. 24, driven by a rally in upstream crude oil prices, which supported feedstock paraxylene prices. Domestic demand, however, remained weak. PTA CFR India stable day over day and up $17/ metric ton week over week at $659/mt on Oct. 24, maintaining the spread to PTA CFR China at $52/mt. The spread was within indications heard at $50-$60/mt over PTA CFR China, which equated to $657-$667/mt CFR India. The weekly average PTA price was up $6/mt at $652/mt CFR India on Oct. 24. India-based market participants said the freight costs between various Asian origins to India were on an uptrend, with those from China to India heard rising rapidly. At the same time, competitive spot offers from the Bureau...

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