Dimethyl terephthalate Prices, markets & analysis
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Whether you buy or sell Dimethyl terephthalate or related products, you need to know about the prices and the factors driving the prices in the global Dimethyl terephthalate market as they happen.
Dimethyl terephthalate Overview Transcript
Dimethyl terehphatlate has been on a dramatic course of events.
Despite this being a relatively opaque market, ICIS is able to follow price developments, using calculations with upstream paraxylene and methanol.
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Dimethyl terephthalate news and market information products from ICIS
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Dimethyl terephthalate: Market overview
Updated to Q3 2015
European dimethyl terephthalate (DMT) production has diminished because of competition from purified terephthalic acid (PTA) and PTA-based polymers.
DMT reference prices are calculated against upstream monthly paraxylene (PX) and quarterly methanol contracts.
PX contract negotiations are expected to remain tough, with limited market participants. Pricing should continue to follow Asian trends and this will influence DMT. European PX operating rates are expected to remain low, with demand for PX in seasonal slowdown. The reopening of Artlant PTA’s plant in Sines, Portugal could have some positive impact on PX demand.
Methanol spot prices started Q3 continuing the downward trend amid improved global production, particularly in the US and southeast Asia. Consumers will view the rolled contract as a poor deal if prices continue to slide.
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Dimethyl terephthalate news & analysis
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Dimethyl Terephthalate Methodology
About Dimethyl terephthalate
Dimethyl terephthalate (DMT) are colourless crystals, insoluble in water but soluble in ether and hot ethyl alcohol.
DMT is available in molten (liquid) and flake (solid) forms. In Europe, mainly molten is delivered, with minimal imported quantities of flake material.
DMT is used mainly to produce polyester resins, fibres and films as well as engineering resins. The polyesters produced are used in fibres for the textile industry, the manufacture of food and drink containers such as polyethylene terephthalate (PET) bottles, and films used in photography, computers, audio-visual equipment and packaging.
For film applications, DMT can be preferred due to its adhesion addition quality.
DMT can also be used in engineering resins, such as polybutylene terephthalate (PBT).