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The US Isophthalic acid market weakened during June as lower feedstock costs and cautious downstream purchasing weighed on market sentiment. The month began with balanced trading activity and routine procurement, but buying momentum slowed as June progressed, leaving suppliers under increasing pressure to offer more competitive quotations. By the latter part of the month, declining Xylene prices in China reduced production costs for exporters, leading to lower export quotations and softer import offers for the US market. Comfortable product availability further contributed to the decline in Isophthalic acid prices.
According to market assessments, Isophthalic acid CFR Texas was assessed at USD *,***/MT during June, compared with USD *,***/MT previously. While the monthly average reflected only a modest decline, weekly assessments showed Isophthalic acid prices falling more noticeably toward the end of June as sellers adjusted offers to remain competitive in a slower market...
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