South Korea: PX and PTA FOB pricing 2023

The free-on-board (FOB) pricing of para-xylene (PX) in South Korea stood at around 998 U.S. dollars per metric ton in the fourth quarter of 2023. The FOB South Korea pricing of purified terephthalic acid (PTA) at that time was approximately 767 dollars per metric ton. According to the source, the price dynamics of both PX and PTA in FOB South Korea showed consistent synchronization during the observed period. PX and PTA are commonly used in the manufacture of polyesters for fibers and textiles.

Free-On-Board pricing of p-xylene and purified terephthalic acid in South Korea from 1st quarter 2022 to 4th quarter 2023 (in USD per metric ton)

Characteristic	P-xylene (PX)	Purified terephthalic acid (PTA)
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Release date

January 2024

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Region

South Korea

Survey time period

Q1 2022 to Q4 2023

Supplementary notes

In FOB pricing, the seller holds the responsibility of goods until it is loaded onto the transportation chosen by the buyer. The buyer becomes responsible for the goods once the cargo is on the chosen transport.

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