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 2018
Squeezed spot methanol supply could trail into the third quarter, likely to improve as new US material from OCI’s 1.8m-tonne per year plant arrives in Europe. The Indorama Ventures PTA plant in Sines, Portugal will start up in early July. The plant will be a significant additional consumer of PX in Europe, and supply is expected to tighten as a result.
Demand for methanol is expected to be stable and healthy; previously stricken biodiesel plants are likely to revive output after EU moves to cap Argentinian and Indonesian imports. Sources are expecting demand for PX to rise once the Indorama Ventures PTA plant in Sines, Portugal reaches normal production rates, following trials in early July.
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).