Discontinuation of PTA Asia contract price

Following industry feedback, Platts plan to discontinue the purified terephthalic acid Asia Contract Price nominations and settlement by January 1, 2011.

The move reflects changes in trading practices in the Asian PTA industry.

Please email comments or questions by December 1 to Chua Sok Peng at sok_peng_chua@platts.com and Anton Ferkov at anton_ferkov@platts.com.