14 January 2011 23:59 [Source: ICIS news]
VALENCIA, Spain (ICIS news)--European January dimethyl terephthalate (DMT) reference prices rose on Friday by €70/tonne ($93/tonne) to €987-1,028/tonne in line with upstream paraxylene (PX) and methanol price increases.
The DMT price was agreed on a FD (free delivered) NWE (northwest ?xml:namespace>
Paraxylene soared to €1,120/tonne in January, up €90/tonne from December.
First-quarter methanol was announced at an increase of €38/tonne to €315/tonne FOB (free on board)
($1 = €0.75)
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