03 Jul 2019 | 19:59 UTC — New York

Platts clarifies US PTA contract price publishing

S&P Global Platts is clarifying how it publishes the US purified terephthalic acid (PTA) contract price.

Platts publishes the industry-settled PTA contract, which changes monthly based on movements in the upstream paraxylene market and typically settles retroactively.

Platts publishes the settlement monthly once reported by industry. The contract settlement is retroactively updated in Platts market data and databased to the last publishing day of the contract month.

The following codes update monthly in the Platts database:

Name
Code
PTA CFR North America Delivered CP Monthly
AAUNY04
PTA CFR North America Delivered CP cts/lb Monthly
AAUNY00

Page PCA0532 on the Platts Petrochemical Alert updates monthly when the settlement is published.

Please send any comments or questions to americaspetrochemicals@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.