PET Prices and News
Polymer rally at pandemic-era highs in just 6 weeks; what happens next? by Esra Ersöz
Global polymer markets have surged to their highest levels since the pandemic across most regions and products, with several grades particularly in the PE group already exceeding those peaks, according to ChemOrbis Price Index. Yet what makes the current rally remarkable is not just the level reached — but the speed at which it has unfolded... 16-04-2026
Cost of Middle East war for Türkiye: Polymer markets surge to 2021–2022 highs, PE exceeds pandemic-peaks by Merve Madakbaşı and Esra Ersöz
The outbreak of the Middle East war in late February has triggered a relentless bullish rally across Türkiye’s polymer markets, sending prices for PP, PE, PVC, PS, ABS, and PET sharply higher. What initially began as a cost-driven uptick quickly evolved into a supply-led surge, as disruptions to key Middle Eastern production hubs, logistical bottlenecks, and soaring freight and insurance costs tightened availability across the board... 14-04-2026
Middle East war cost for Europe: Polymer prices surge back toward pandemic-era highs by Manolya Tufan and Esra Ersöz
The outbreak of the Middle East war at the end of February triggered a sharp upswing across Europe’s polymer markets, with prices rising at varying magnitudes depending on product fundamentals. Polyolefins led the rally by a wide margin, while other polymer chains also moved higher, albeit at a more moderate pace, largely driven by cost inflation rather than imminent supply shortages... 08-04-2026
ChemOrbis and TTCP seminar on the Middle East War’s Impact on the Petrochemical Chain draws strong interest by ChemOrbis Editorial Team
At the webinar titled “How is the Middle East War Shaking Global Petrochemical Markets? What Lies Ahead for Türkiye?”, held on April 2, ChemOrbis Türkiye Market Intelligence Manager Merve Madakbaşı and Dr. Mevlüt Çetinkaya, founder of TTCP Training and Consulting Industry and Trade Ltd., comprehensively discussed the disruptions caused by the war across the energy and petrochemical value chain... 03-04-2026
Three weeks into the war, polymer markets extend sharp gains; how will week four unfold amid crude plunge? by Esra Ersöz
Three weeks into the Middle East war, global polymer markets have continued to post sharp gains, extending the rally triggered by the initial disruption to regional supply flows. What began as a supply-driven shock has now evolved into a broader cost-push inflation cycle across the petrochemical chain, with both feedstocks and polymers surging in tandem... 24-03-2026
Polyethylene terephthalate (PET) is formed by polymerization of PTA and MEG feedstocks. While PTA is produced from PX (paraxylene), MEG is produced from ethylene. Therefore, when examining PET production costs, PX and ethylene should also be taken into consideration besides PTA and MEG.
There are three types of PET: bottle, textile and film. PET bottle grade is used in transparent plastic bottles that are frequently used in daily life. As can be deduced from its name, PET textile chips are used in the textile field, while PET film is used in packaging. In terms of global consumption, PET bottle grade is more commonly used than PET textile. POY, on the other hand, is a partially oriented yarn and it is a semi-finished product that corresponds to the next stage of textile chips.
Looking at the top PET suppliers on a country-based breakdown, China is by far the most important seller of PET bottle grade. China, which is self-sufficient in meeting its domestic demand and a net exporter thanks to its huge PET capacities, realizes more than 30% of the global PET trade. China is then followed by Taiwan and India. The USA, Japan and Italy are among the top three PET buyers, respectively. However, these countries' import purchases are relatively limited.
ChemOrbis Polyethylene terephthalate (PET) prices and Plastics News section contain information on the market trends, as well as supply-demand factors and production costs that determine the pricing, statistics on imports and exports, along with maintenance shutdowns, restarts, and new capacities related to PET facilities.
Products:
PET bottle, PET film, PET textile chips, POY
About Us
DOWNLOADYOUR MOBILEAPP TODAY
