The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to the following reasons.
The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to #
First, the PTA spot supply is tight as there is decrease in volume of imports. In recent months, PTA imports were less than 400,000 tons per month.
The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to #
Secondly, PTA manufacturers in China are increasingly undertaking maintenance and overhaul activities, which push up the prices.
The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to #
Thirdly, on the demand side, profit of downstream polyester manufacturing firms is increasing, which, in turn, is leading them to accelerate setting up of new equipment.
The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to #
It is estimated that new polyester capacity of over two million tons would be put into operation in the third quarter of the current year.
The purified terephthalic acid (PTA) market in China is likely to stay firm in short term, chiefly due to #
Fibre2fashion News Desk - China
marketing@alchempro.com
