| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| PTA (Purified Terephthalic Acid) | China | FOB | USD 960.29/MT | April 2026 |
| PTA (Purified Terephthalic Acid) | USA | CIF | USD 1,047.29/MT | April 2026 |
| PTA (Purified Terephthalic Acid) | Germany | CIF | USD 1,086.57/MT | April 2026 |
| PTA (Purified Terephthalic Acid) | India | CIF | USD 1,010.17/MT | April 2026 |
| PTA (Purified Terephthalic Acid) | Japan | CIF | USD 1,002.29/MT | April 2026 |
| PTA (Purified Terephthalic Acid) | China | FOB | USD 917.87/MT | March 2026 |
| PTA (Purified Terephthalic Acid) | China | FOB | USD 750.00/MT | February 2026 |
| PTA (Purified Terephthalic Acid) | USA | CIF | USD 845.00/MT | February 2026 |
| PTA (Purified Terephthalic Acid) | Germany | CIF | USD 858.00/MT | February 2026 |
| PTA (Purified Terephthalic Acid) | India | CIF | USD 860.00/MT | February 2026 |
| PTA (Purified Terephthalic Acid) | Japan | CIF | USD 772.00/MT | February 2026 |
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Asia
In Q4’24, PTA prices in Asia exhibited an upward trend, primarily driven by the strong performance of its key feedstock, xylene. Chinese markets led the regional price surge, particularly in December, when supply tightness in xylene created upward pressure on PTA production costs.
The market was further supported by steady downstream polyester demand, especially from the textile sector preparing for the spring season. Southeast Asian producers operated at reduced rates during October and November due to maintenance schedules, which helped maintain the supply-demand balance. Indian markets showed mixed sentiment, with demand remaining moderate despite the festival season.
Europe
European PTA markets witnessed volatility throughout Q4’24. The market initially struggled with high energy costs and reduced operating rates at several facilities. However, by mid-November, the situation improved as energy prices stabilized. Downstream polyester demand remained sluggish, with many converters operating at lower rates due to economic uncertainties. The market saw some support from reduced imports from Asia, as Asian producers focused on their domestic markets. December brought modest improvements in demand as textile manufacturers began preparing for the spring season.
North America
The North American PTA market showed resilience in Q4’24. The region experienced improved margins compared to other global markets, benefiting from relatively stable feedstock costs. Producer inventory levels remained balanced, though operating rates were adjusted downward in December due to seasonal factors. Demand from the packaging sector remained steady, while textile and fibre applications showed some weakness. The Mexican market saw increased activity, particularly in the bottle-grade PET segment.
PTA or Purified Terephthalic Acid, a white coloured solid, is an organic compound that mainly serves as a commodity chemical. It is used as a raw material to produce high-performance multipurpose plastics like polybutylene terephthalate (PBT), polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT) and even forms of bioplastics.
C8H6O4
Intermediate and precursor, Polyester fibres, Adhesives and sealant chemicals, Lubricants , Paints and coatings, Plasticisers , Pharmaceuticals, Metal-organic frameworks
Reliance Industries Limited (RIL), Saudi Basic Industries Corporation (SABIC), Alpek S.A.B. de C.V., BP p.l.c., Eastman Chemical Company
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
p-Xylene serves as the feedstock for Terephthalic Acid production. In the Amoco process, p-xylene is oxidised in the presence of a cobalt manganese–bromide catalyst, which gives Terephthalic Acid as the result.
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This report provides the cost structure of Purified Isophthalic Acid (PIA) production by the oxidation process. The process involves oxidation of m-xylene using oxygen.
This report presents a detailed cost analysis of 2-hydroxypropanoic acid production from carbohydrates using the fermentation process.
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