Whichever regional Polyethylene terephthalate markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Polyethylene terephthalate markets are provided by our network of reporters based locally in those markets.
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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 Latin America Polyethylene terephthalate marketplace.
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Updated to Q4 2016
Polyethylene terephthalate (PET) domestic prices in Latin America were assessed as stable to firmer in December 2016 depending on the country, amid ample global supply to meet moderate demand.
The peak season for bottled beverages in North America is long over because of colder weather, while the peak season in South America has started slowly as temperatures in the region have not risen as expected for this time of year.
PET prices were assessed higher in Brazil in December, driven by upward pressure from the application of anti-dumping duties on Asian PET to Brazil, import-parity policies in Brazil applied to increasing prices in Asia, higher freight rates from Asia to Brazil, in line with commentary from industry participants.
In other major Latin America PET consuming countries, mainly in Mexico and Argentina, PET prices have been largely stable, as demand remained capped on softer economies burdened this year by devaluation of the local currencies against the US dollar. In Mexico, PET prices in December remained stable but soft on seasonally weak demand for resin, preforms and bottled drinks.
The Latin American Polyethylene Terephthalate (PET) report covers domestic and spot prices in the region.
Producers, consumers and traders all have an interest in our timely information to help them make the best informed decisions.
To prepare the Latin American PET report, ICIS talks to buyers, producers and traders throughout the region. ICIS also includes a brief comment on other global regions which play a role in developments in Latin America. A continuous dialogue is maintained week to week with market participants.
Our PET report stands out because unlike our competitors ICIS publishes weekly.
ICIS communicates with participants on both sides of negotiations. Buyer and trader commentary is also very relevant to the PET market and to our reports.
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.