The weekly Dimethyl Terephthalate, or DMT market, is covered in Europe by our locally based reporters.
Price assessments focus on monthly contract prices for liquid DMT. Market news and analysis include an overview, upstream movements for markets such as Crude, Methanol and PX, and downstream developments on PET and PBT. The information is supported with graphs and industry news, and is a vital tool to help you make informed business choices.
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: Market overview
Updated to Q2 2016
Dimethyl terephthalate (DMT) in Europe began the quarter on a strong note, as April prices were firming on the back of upstream, monthly paraxylene (PX).
Bullish sentiment on PX is buoyed by healthy demand in Asia and because European PX production is curtailed due to shutdowns, at least in early quarter two.
The €63/tonne drop in quarterly methanol prices will curb a DMT increase in April. The rest of the quarter will depend on PX developments.
DMT contract prices are calculated using a formula with monthly PX figures and quarterly methanol
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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).