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From pricing information to the analysis you need to understand it, ICIS coverage of regional Polyethylene terephthalate markets is second to none.
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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 Europe Polyethylene terephthalate marketplace.
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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 Q2 2018
It was a turbulent first half of the year for polyethylene terephthalate (PET) as the domino effect from disruptions in upstream purified terephthalic acid (PTA) hit the market hard. Force majeure declarations on upstream purified terephthalic acid (PTA) out of BP in Belgium and Hanwha General Chemicals in Korea, resulted in a force majeure at JBF in Belgium and the Novapet plant in Spain reducing to technical minimum. Domestic prices rose 20% during the quarter.
Demand went from disappointing in March to hectic in the second quarter. The weather in certain areas was warmer than expected, prompting sales for PET products. Spain though, had cold weather that put customers off buying. The lack of supply through the quarter that was caused by upstream production difficulties, created panic among buyers, and unusually sellers sold forward and sold out fast.
The ICIS European polyethylene terephthalate (PET) report is used in price negotiations and included in contracts across the continent. It is packed with information about monthly spot and price developments.
We include shutdowns, production problems, new plants, and how upstream and downstream factors impact the market.
There are five price ranges covering bottle and film grade PET.
The bottle and film grade, free delivered (FD) West Europe, and the bottle grade FD East Europe quotes show a round-up of what has happened during the current month, up to and including the last Friday of the month.
We have a weekly FD Europe price range that includes spot business and regular business settled on an individual basis between European suppliers and their customers.
The ex-works Russia rouble per tonne price has a handy conversion into euro.
The monthly contract prices for feedstocks purified terephthalic acid (PTA) and monoethylene glycol (MEG) are included for reference.
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.