Polyethyene terephthalate US Transcript
The ICIS weekly report for polyethylene terephthalate or PET and intermediates covers contract prices for purified terephthalic acid (PTA) and bottle-grade PET.
The text of the report covers monthly price discussions and nominations, demand, supply outages and feedstocks.
ICIS receives input from both buyers and sellers in order to make our price assessment to the US PET market.
US contract prices for PTA or polyethylene terephthalate intermediate are established on a monthly basis by a formula based on feedstock paraxylene prices.
Because the price of US feedstock is closely linked to the paraxylenes and the PTA chain in Asia, the US report benefits from ICIS’ extensive and global market coverage.