Polyethylene terephthalate Middle East

The ICIS Middle East polyethylene terephthalate or PET weekly report covers spot prices in the GCC or Gulf Cooperation Council on a cost and freight (CFR) as well as free on board (FOB) basis. Information on delivered domestic prices is included in the report and the market fundamentals are also discussed in depth.

ICIS offers an overview of the Asia Pacific market and examine if its price trends are impacting the Middle East.

Information on key feedstock markets of purified terephtalic acid (PTA) and monoethylene glycol (MEG) is also provided.

ICIS engages with an extensive network of producers, traders and consumers of PET bottle-grade chips to ensure that we report on and deliver the most representative and accurate price assessments that can facilitate better decision making for our customers.

It is a fairly new report and is an important source of reference for our customers.

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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide.  Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Polyethylene terephthalate, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity.  Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.