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.
Updated to Q1 2020
PET supply in Latin America in the first quarter of 2020 is expected to remain long, as Mexico and Asia continue to target Central and South American buyers to reduce inventories. Downward pressure on PET prices may continue if the global economies remain slow on the back of the prolonged US-China trade war and if buying interest remains limited.
PET demand in Latin America in the first quarter of 2020 is expected to be sluggish on the back of the global slowdown affecting the resin market and the political and economic issues taking place in several Latin American countries. It is doubtful that demand could show significant improvement towards the mid-quarter amid summer in South America. Business will likely be seasonally slow in Mexico during the winter.
We offer the following regional Polyethylene terephthalate analysis and news coverage to keep you informed of factors and developments affecting prices in the Latin America Polyethylene terephthalate marketplace.
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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.
Polyethylene terephthalate (PET) exists both as an amorphous (transparent) and a semi-crystalline (opaque and white) thermoplastic, and can be made into either a resin or a film.
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.
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This story has originally been published for ICIS Long-Term Power Analytics subscribers on 25 March 2020 at 13:04 CET. While the coronavirus outbreak is already having a significant impact on the...Read