Polybutylene terephthalate Prices, markets & analysis
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Polybutylene Terephthalate Europe Transcript
The weekly ICIS engineering plastics report is an essential source of market intelligence in the polyacetal POM and the polybutylene terephthalate PBT industries.
We gather analyse and assess information to provide complete, detailed views on the POM and the PBT pricing environments. The report includes comprehensive coverage of the quarterly POM and PBT contracts.
Market commentary closely tracks supply and demand, production information and details on feedstock pricing of butane diol and dimethyl terephthalate.
The first quarterly contract price assesses natural-grade POM on a free delivered Northwest Europe basis. The quarterly PBT contract quotes are for filled, unfilled and flame retardant grades. All price assessments are POM on a free delivered Northwest Europe basis in Euros per kg with conversions to US cents per pound.
Quotes for both products reflect settlements between buyers and sellers. All quotes are based on truck loads of 20 to 25 tonnes.
Cargo sizes and specifications vary according to different customers and grades. We report on engineering plastic contract deals ranging from 1,000 to 200,000 tonnes per annum.
The report provides its readers with accurate and reliable market intelligence.
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Updated to Q3 2014
European polybutylene terephthalate (PBT) contracts settled at a rollover in Q3 despite the pressure from increasing imports of Asian material.
Filled and unfilled PBT quarterly contract prices remain at €3.15-3.16/kg FD (free delivered) NWE (northwest Europe), while the flame retardant quarterly contract price is unchanged at €4.05-4.10/kg FD NWE.
The market is stable with good demand and sufficient supply and many players agreed a rollover was a good compromise.
However, some producers said they signed part of their contracts at small decreases of around 1% as a result of the price pressure coming from Asia.
In September PBT demand picked up after the August holiday season with sources saying that the optimistic automobile outlook will help the market remain stable in the next quarter.
In Q3 PBT demand began coming back to levels typical for the season following an increase of at least 10% in the first half of 2014 compared to the same time last year.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Polybutylene terephthalate.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polybutylene terephthalate. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
Polybutylene terephthalate or PBT is a semi-crystalline, white or off-white polyester similar in both composition and properties to polyethylene terephthalate (PET). It has slightly lower strength and stiffness than PET. PBT is softer, but it has higher impact strength and very similar chemical resistance. It is usually preferred for industrial scale moulding due to quicker crystallising. It is widely used in electronic, electrical, communications, fibre optics and automotive industries.