PTA supply situation in China
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In China, purified terephthalic acid (PTA) production facilities were operating at high rates at an average of 81% of capacity during the period of July to September. This was because turnaround finished at several PTA facilities in July onwards. In the period of October to December onwards, new facilities are scheduled to start operations and also turnaround would finish at existing facilities. Some PTA makers are, however, considering a reduction or a suspension of production. Regarding demand, as new polyester facilities started up, demand for PTA remains firm. Under this situation, supply/demand might tighten in the future. Start-up and suspension are as follows.
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