ICIS price reporting for regional Polyethylene terephthalate markets is unparalleled in its ability to keep you on top of the information you need.
That means you can track fluctuations and developments as they happen and gain a clear understanding of the factors driving prices.
Use ICIS information to:
- Inform your internal data models
- Substantiate your position in negotiations
- Set terms for settlements and contracts
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 US Polyethylene terephthalate marketplace.
Price Reporting – More information about the price reports we publish on Polyethylene terephthalate
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
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
Polyethylene terephthalate (PET) pricing in the US ended the fourth quarter with no change over the previous quarter’s end. However, contract prices for feedstock purified terephthalic acid (PTA) rose about 2.0 cents/lb during the quarter. A notable event during the quarter was a labour dispute at Mossi & Ghisolfi's (M&G’s) $1bn PET/PTA petrochemical plant in Corpus Christi, Texas, along the US Gulf Coast. This was after contractors and subcontractors claimed non-payment of bills totalling tens of millions of dollars. Work continued on the project with another contractor, and the new plant is scheduled to start up during the first half of 2017. Demand was good for PET throughout the quarter with no supply issues. PET resin and bottle demand in the US experienced a seasonal slowdown in the quarter, although the weather was milder than expected. PET drinks bottles tend to be in greater demand during warmer weather, so a warmer-than-expected autumn or winter can bring about unexpected demand strength.
The ICIS weekly report for polyethylene terephthalate or PET and intermediates covers contract prices for purified terephthalic acid (PTA) and bottle-grade PET.
The text of the report covers monthly price discussions and nominations, demand, supply outages and feedstocks.
ICIS receives input from both buyers and sellers in order to make our price assessment to the US PET market.
US contract prices for PTA or polyethylene terephthalate intermediate are established on a monthly basis by a formula based on feedstock paraxylene prices.
Because the price of US feedstock is closely linked to the paraxylenes and the PTA chain in Asia, the US report benefits from ICIS’ extensive and global market coverage.
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.