China=PTA market trend
Purified terephthalic acid (PTA) prices in China are expected to be firm for the time being. Many production facilities in the country are undergoing maintenance or are shut down. Therefore, supply is not seen to be ample. Operation rates of PTA facilities were at 77.84% as of last week. Owing to the economic stimulative measures by the Chinese government, funds are flowing into the futures market. Futures prices for PTA are also pushed up. Further, feedstock paraxylene prices are at high levels and PTA prices are also supported by feedstock costs.
Operations of PTA facilities in China are as follows.
|
PTA facility operations |
|||
|
Plant |
Area |
10,000mt/year |
Duration/operation rates |
|
INEOS Zhuhai |
South China |
125 |
70% |
|
Sichuan Energy |
Sichuan |
100 |
Shut down on Nov 9, 2025, date of restart unknown |
|
Fuhaichuang |
Fujian |
450 |
50% |
|
Weilian Chemical |
Shandong |
250 |
80% or above |
|
FCFC Ningbo |
East China |
120 |
Shut down on Sep 5, 2025 |
|
Sanfame |
East China |
120 |
Shut down on Aug 28, 2025, date of restart unknown |
|
Jiangyin Hanbang |
East China |
220 |
Shut down on Jan 6, 2026 due to troubles, date of restart unknown |
|
Yisheng New Material |
East China |
360 |
Entered maintenance on Jan 14, 2026, date of restart unknown |
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