ICIS has a network of locally based reporters providing coverage of regional Polyethylene terephthalate markets.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
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Polyethylene terephthalate news and market information products from ICIS
We offer the following regional Polyethylene terephthalate coverage to keep you informed of factors and developments affecting prices in the Asia Polyethylene terephthalate marketplace.
Price Reporting – More information about the price reports we publish on Polyethylene terephthalate
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News & Analysis - News & market analysis specifically relating to Polyethylene terephthalate
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q4 2016
Spot polyethylene terephthalate (PET) prices were on an uptrend in the fourth quarter on the back of firm increases in production cost. Feedstock monoethylene glycol (MEG) and co-feedstock isophthalic acid (IPA) prices surged. The other co-feedstock purified terephthalic acid (PTA) and upstream paraxylene (PX) and crude prices also saw increases.
PET producers promptly increased offers amid squeezed margins. However, buyers resisted price increases initially and stood at the sidelines on the back of weaker demand as it was the typical lull demand period for bottle grade PET chips. Some Chinese producers reduced their operating rates due to poor market conditions as they could not sell much volume at their target prices.
However, as the price trend of upstream markets remained firm and continued to increase, some buyers returned to the market and purchased material on concerns that PET prices will continue to go up. Offers remained firm, especially for Chinese offers as compared with other Asian offers, as Chinese producers were more bullish on the back of good domestic sales that were achieving better netback margins.
ICIS produces a weekly report on polyethylene terephthalate (PET) in Asia. The report contains spot price assessments for fibre grade, bottle grade and film grade PET chips.
Asia spot prices for bottle grade chips are quoted on a free-on-board (FOB) basis across five regions – South Korea, China, Taiwan, southeast Asia (SE Asia) and India.
The report also tracks cost & freight (CFR) northeast Asia (NE Asia) India spot prices for fibre grade, as well as prices for film grade chips on a FOB East Asia-basis.
We also provide a round-up of schedules and any unexpected shutdowns to give readers an overview of the supply situation.
Feedstock purified terephthalic acid (PTA) and monoethylene glycol (MEG) prices are an important driver of PET prices, therefore, the report includes feedstock market information and price quotations.
We speak to a cross-section of market players, producers, end users and traders to gather the information for our reports. This is then analysed and checked to eliminate bias and ensure we provide the most accurate information available on the market.
Subscribers find the report useful as it provides them with crucial up-to-date data that helps them stay ahead of the latest developments across PET markets. They use the assessments as an essential aid for their own business financial and pricing discussions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polyethylene 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 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.