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Updated to Q4 2017
Upstream European methanol supply was balanced-to-long in October and balanced-to-tight by the end of November. These availability issues continued into December partially due to an arbitrage with Asia opening. Feedstock paraxylene (PX) supply was stable in December with any length balanced by exports.
Methanol consumption was seen as stable or strong in October, as it was in November. Order book volumes were said to be steady-to-high in December as well. PX spot demand was quiet in October while in November it was stable and seasonally weak. In December PX consumption was described as stable, with buying interest downstream remaining steady when it would otherwise typically decrease. By the end of the month consumption weakened, as is typical for the time of year. Though demand quietens for many products during December, sources said that consumption for downstream polybutylene terephthalate (PBT) continued to be strong.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Dimethyl 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 Dimethyl 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.
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 Dimethyl 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.