This chart shows Isophthalic Acid price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Isophthalic Acid, US (United States): Isophthalic Acid, import transaction price, cif, United States
- Isophthalic Acid, SEA (Southeast Asia): Isophthalic Acid, import transaction price, cif, India
- Isophthalic Acid, CN (China): Isophthalic Acid, import transaction price, cif, China
- Isophthalic Acid, NEA (Northeast Asia): Isophthalic Acid, export transaction price, fob, Taiwan
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Isophthalic Acid.
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Isophthalic Acid prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Isophthalic Acid Price Outlook
Isophthalic Acid Price Outlook. The price of Isophthalic Acid (United States) increased during May 2020 to 1,160 USD per metric ton, which represents a considerable rise of 13% compared to the previous month’s value. On a year-over-year basis, the prices of Isophthalic Acid (United States) increased significantly by 10%. Meanwhile, the average price of Isophthalic Acid (China) amounted to 685 USD per metric ton, from 915 USD per metric ton one year earlier. On a month-over-month basis, the price of Isophthalic Acid (China) is 14% lower than the price one month before.
The price of Isophthalic Acid (Southeast Asia) rose slightly throughout May 2020, reaching 895 USD per metric ton. The price is 2% higher than the average price in the previous month and 5% lower than the average price one year before. In contrast, the prices of Isophthalic Acid (Northeast Asia) decreased significantly during May 2020, reaching 659 USD per metric ton, which means a decline of 14% from the previous month’s price and a decline of 27% from the previous year’s price.
About Isophthalic Acid
About Isophthalic Acid. Isophthalic Acid (a.k.a. PIA) is an aromatic dicarboxylic acid, isomer of phthalic acid and terephthalic acid. It appears as a stable, intractable solid with low solubility in most solvents. PIA is manufactured by oxidation of m-xylene, using a cobalt-manganese catalyst. It is used as precursor to commercially important polymers, in the production of resins for drink plastic bottles, in the high-performance polymer polybenzimidazole production process, and as an important input to produce insulation materials.
Isophthalic Acid Handling. The Purified Isophthalic Acid is stored in powder form in silos. For transportation, dedicated hopper cars and trucks are used to ensure the extreme purity is maintained. Bags of 1 ton and paper bags of 25 kg are also used to carry out the transport. For large scale ocean shipping, plastic lined containers with a capacity of 20 tons of PIA are recommended.
Isophthalic Acid Production. Currently, virtually all commercial PIA is produced by oxidation of m-xylene with varying grades of purification. Raw materials and the respective production processes employed in the manufacturing of Isophthalic Acid are listed below.
- m-xylene + air (liquid-phase oxidation)
Isophthalic Acid Uses. The uses and applications of Isophthalic Acid may vary according to its specification. The main forms of Isophthalic Acid are 82 wt% Isophthalic Acid and 98.5 wt% Isophthalic Acid.