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Updated to Q3 2018
Supply of polybutylene terephthalate (PBT) remained tight during the third quarter of the year due to strong demand and limited import volumes from Asia. In July and August planned shutdowns in Asia tightened supply from the region, with a European producer saying that buyers had difficulty securing import volumes. Availability of material from Asia improved in September, but increased prices made this a relatively unattractive option for European buyers.
Demand for PBT has been consistently strong, and this trend continued throughout the third quarter of the year. August is a quiet month for many petrochemical markets, but a producer said that it saw stronger demand for PBT in the month than in July, with no seasonal lull in demand. Another producer said it had seen demand continue to grow throughout the quarter, particularly compared with nylon 6.
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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.