Updated to mid-November 2009
European market review by Caroline Howard, ICIS pricing
The European dimethyl terephthalate (DMT) contract prices mimicked the movements of upstream monthly paraxylene (PX) and quarterly methanol.
August saw an increase of €20/tonne to €769-810/tonne FD (free delivered) NWE (northwest Europe), as PX jumped by €32/tonne to €760/tonne. September saw no change for either product.
By October, however, monthly PX fell by €145/tonne to €615/tonne while fourth-quarter methanol jumped up €60/tonne to €223/tonne FOB (free on board) Rotterdam. These developments caused a decrease of €113/tonne on DMT prices.
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Dimethyl terephthalate
Uses and Outlook
Dimethyl terephthalate (DMT) is used mainly to produce polyester resins, fibres and films as well as engineering polymers.
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Dimethyl terephthalate
Process Technologies
The traditional process to manufacture DMT utilises the esterification of terephthalic acid with methanol generated by catalytic homogeneous oxidation of paraxylene, developed partly because of the difficulty of purifying TPA produced by this process.
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