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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
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Insight and analysis of factors driving prices.
Updated to Q1 2017
The European polyethylene terephthalate (PET) market witnessed an immediate spike in prices in January. Players attributed this to upstream pressure after price climbs in January contracts for raw materials paraxylene (PX) and monoethylene glycol (MEG). These factors, combined with uncompetitive imports, continued to influence the market until the end of the month.
PET prices in February rose for the same reasons as they did in January: upstream pressure and uncompetitive imports. There were price hikes in February contracts settled for raw materials MEG and PX. Imports failed to influence the European market, and led to the exhaustion of domestic volumes and subsequent tightness in the market.
Prices at the start of March moved upwards in response to availability issues in Europe. Securing domestic volumes became more difficult in the first half of the month due to upcoming turnarounds. In addtion, BP's force majeure at its upstream purified terephthalic acid (PTA) plants in Belgium, which was declared in February 2017, began to have an impact on the PET market in March. Unanticipated price stability in upstream settlements, however, meant some PET players had to reassess their price expectations for the rest of the the month.
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.