The weekly Dimethyl Terephthalate, or DMT market, is covered in Europe by our locally based reporters.
Price assessments focus on monthly contract prices for liquid DMT. Market news and analysis include an overview, upstream movements for markets such as Crude, Methanol and PX, and downstream developments on PET and PBT. The information is supported with graphs and industry news, and is a vital tool to help you make informed business choices.
Updated to Q3 2019
European supply of upstream paraxylene (PX) was balanced to long in the third quarter, amid weak demand for material. Global production capacity also increased with the start up of new plants in China. Oversupply was the dominant theme in both Europe and the key Asian methanol market of China, with weak buying interest and stocks at high levels. There was planned maintenance in September in Russia, Saudi Arabia, Oman and Brunei.
Weak consumption in the downstream purified terephthalic acid (PTA) and polyethylene terephthalate (PET) sectors, including during the traditional summer peak season, resulted in poor demand for PX. Methanol offtake continued to be stable to soft, due to a depressed automotive sector and formaldehyde market, with weaker than expected buying interest from both traditional and chemical applications. The US-China trade war and high stocks on China’s import-focused coastline dented global markets.
We offer the following regional Dimethyl terephthalate analysis and news coverage to keep you informed of factors and developments affecting prices in the Dimethyl terephthalate marketplace.
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Dimethyl terephthalate (DMT) is used mainly to produce polyester resins, fibres and films as well as engineering resins.
Dimethyl terephthalate (DMT) are colourless crystals, insoluble in water but soluble in ether and hot ethyl alcohol.
DMT is available in molten (liquid) and flake (solid) forms. In Europe, mainly molten is delivered, with minimal imported quantities of flake material.
DMT is used mainly to produce polyester resins, fibres and films as well as engineering resins. The polyesters produced are used in fibres for the textile industry, the manufacture of food and drink containers such as polyethylene terephthalate (PET) bottles, and films used in photography, computers, audio-visual equipment and packaging.
For film applications, DMT can be preferred due to its adhesion addition quality.
DMT can also be used in engineering resins, such as polybutylene terephthalate (PBT).