The informative and reliable Polybutylene terephthalate (PBT) report is published weekly in Asia. In Europe PBT is covered in the Engineering Plastics report and includes Polyacetal (POM).
Contract price assessments are covered in Europe, while Asia focuses on spot activity. This valuable tool will support market players in business decisions. Our news and analysis includes regional overviews, production news, feedstock movements and graphs.
Updated to Q2 2019
Polybutylene terephthalate (PBT) supply in northeast Asia fell in Q2 as Chinese producers either shut down or cut their operating rates in May and June due to poor margins. The average operating rates in mainland China gradually dropped from 70-80% in H1 April to around 50% by late June. Taiwan’s Shinkong Synthetic Fibers had also shut one of its two PBT lines in Taiwan from early April to mid-May for a turnaround.
Overall demand in Asia including India was lacklustre in May and June with the approach of the traditional lull demand season every mid-year. Demand was relatively more subdued compared with the same period in previous years due to a slowdown in the key end-user automotive sector, with escalating geo-political tensions weighing on market sentiment. In India, buying interest further dwindled in May and June because of the onset of the monsoon season in the country.
Supply of polybutylene terephthalate (PBT) remained balanced throughout the second quarter of the year. There was good availability amid weak consumption and no production issues affecting the market. There was also no impact from environmental shutdowns in China, which have previously limited import material in the first half of the year.
Demand for PBT has been weak during the second quarter. Limited demand has been attributed to lower consumption from the key downstream automotive sector. The automotive industry has been impacted by wider economic factors and uncertainty caused by political issues including the UK’s anticipated exit from the EU and US-China trade tensions.
We offer the following regional Polybutylene terephthalate analysis and news coverage to keep you informed of factors and developments affecting prices in the Polybutylene terephthalate marketplace.
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Polybutylene terephthalate or PBT is a semi-crystalline, white or off-white polyester similar in both composition and properties to polyethylene terephthalate (PET). It has slightly lower strength and stiffness than PET. PBT is softer, but it has higher impact strength and very similar chemical resistance. It is usually preferred for industrial scale moulding due to quicker crystallising. It is widely used in electronic, electrical, communications, fibre optics and automotive industries.
Polybutylene terephthalate (PBT) is included in the engineering plastics umbrella.
PBT is a thermoplastic polyester resin that has good impact strength, heat resistance and flow properties. It has many automotive applications such as mirror housings, fans, fuse boxes, cowl vents, and motor and ignition system components.
It also has uses in electrical and electronic products such as connectors, chip sockets, terminal boards, switches and circuit breakers.
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