There are talks about the pending restart of Hanbang’s 2.2 million mt/yr PTA plant on Jun 10-15. According to the sources, the plant is more likely to restart around Jun 15, which is expected to have great effect on recent PX and PTA markets.
According to China customs statistics, China imported about 1.03 million tons of PX in April 2020, down 220kt from the average monthly amount in the first quarter, hitting new low since Jul 2019. China PX imports reduced in Apr, however, local PTA output
