Europe October DMT reference price increases by €20/tonne

21 October 2011 23:59  [Source: ICIS news]

LONDON (ICIS)--European October dimethyl terephthalate (DMT) reference prices increased on Friday by €20/tonne ($28/tonne) to €1,042–1,083/tonne, in line with upstream paraxylene (PX) and methanol, ICIS calculations showed.

The European October PX contract has settled at €1,210/tonne, up €20/tonne from the September contract price, two producers and two consumers said.

The fourth quarter European methanol contract price settled at €1,315/tonne FOB (free on board) Rotterdam, up €20/tonne from the third quarter.

The DMT prices were assessed on a FD (free delivered) NWE (northwest Europe) basis.

($1 = €0.73)

Follow Caroline Murray on Twitter 

By: Caroline Murray
44208 652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly