ICIS price reporting for regional Polyethylene terephthalate markets is unparalleled in its ability to keep you on top of the information you need.
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Updated to Q4 2019
US PET supply in the fourth quarter of 2019 is likely to remain ample, as product from Asia, Mexico, Brazil and a few other countries continue to enter the market. Additionally, diminished buying interest will contribute to high inventories, particularly at a time of the year when the weather is cold. Supply will increase in 2020 as the new Corpus Christi plant in Texas comes online.
US PET demand in the fourth quarter of 2019 is likely to remain moderate or decline on seasonality with the approach of colder weather conditions, but possibly partially offset by higher consumption levels from end-users during the holidays in November and December. Despite expected softening prices for virgin resin in the fourth quarter, demand is not likely to increase.
We offer the following regional Polyethylene terephthalate analysis and news coverage to keep you informed of factors and developments affecting prices in the US 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 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.
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