What is the current price trend for isophthalic acid in China?
Domestic isophthalic acid prices have been range-bound in recent weeks. Yanshan material is quoted around 8,200-8,300 yuan/ton, while imported product holds at roughly 9,200-9,300 yuan/ton. Cost support from meta-xylene feedstock prevents significant downside, but downstream buying remains weak, with only small just-in-time purchases. Market activity slowed further during the New Year holiday, leaving prices stuck in a narrow band. Traders have attempted small price cuts to stimulate demand, yet response from end-users has been muted. The near-term outlook points to continued consolidation unless feedstock costs shift or polyester chain demand improves meaningfully.
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