PTA futures Jan contract opens 4 lower
PTA futures Jan contract opens 4 lower at 7760yuan/mt on Tuesday.
Market Update
- Hormuz Strait closure supports freight rates, threatens crude and petrochemical demand
- Traders track weather risks as Middle East conflict supports Asian gas premium
- Mitsubishi Chemical to discontinue production of some epoxy resins in Japan
- LNG bunkering demand could hit record annual growth
- AkzoNobel rejects bid by Nippon Paint and Sherwin-Williams, stands by merger with Axalta
- China urea prices rise on export resumption
- China's Apr PBR exports rise by 55.1% year on year
- ICIS TTF Early Day assessments: 27 May 2026
- China Apr xylenes imports fall on year, exports surge on steadier domestic supply
- East China’s SM inventory down 23.6% on fewer arrivals
