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PET Prices and News

ABS , Production News , Ethylene , PE , China , Customs regulations , Iran , PET , PVC , Company Updates , Asia Pacific , Middle East , Turkey , Saudi Arabia , PP , Crude oil , Northwest Europe , Africa , Price , Italy , Economic&Financial , Import/Export Statistics , Europe , Feedstocks & Monomers , SEA & India , America , PS

Welcoming 2018 with a look back at highlights from 2017
by ChemOrbis Editorial Team
As global players are returning to their desks to start 2018, here is the summary of what made the headlines in petrochemical markets during 2017. Some of the most important developments of the year were...

Price , PET , SEA & India , PET Bottle

Southeast Asia’s PET market hits almost 3-month high
by ChemOrbis Editorial Team
Data from ChemOrbis Price Index suggest that import PET prices in Southeast Asia have recently hit their highest levels since the start of October in line with a new round of modest hikes. The firming trend, which has mostly been in place since mid-October, is maintained by...

Europe , Northwest Europe , PET , South Korea , SEA & India , Price , China , Taiwan , Italy

Upturn resumed in Asia’s export PET prices
by ChemOrbis Editorial Team
Players across Asia reported that regional producers have started to stand firm on their offers again recently due to the firmer energy complex, feedstock costs as well as their limited stocks stemming from...

ABS , Import/Export Statistics , PET , PVC , PE , Turkey , PS , PP

Are Turkey’s polymer imports to close 2017 with a new record of 5 million tons?
by ChemOrbis Editorial Team
According to ChemOrbis Import Statistics, Turkey’s overall polymer imports surged 39% during the month of October compared to the same month of 2016, with...

Northwest Europe , PET , South Korea , SEA & India , Price , China , Italy

Downtrend in European PET market halts on higher imports
by ChemOrbis Editorial Team
In the European PET market, the downtrend that was in place for the past two months has ceased recently in the wake of higher import offers from China, South Korea and Southeast Asia. Early November offers...

More Free Information on Plastics Industry: Glossary Production Flowcharts
More Free Information on Plastics Industry: Glossary | Production Flowcharts
PET Production News
PET Other News
About ChemOrbis PET prices and Plastic News

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.


PET bottle, PET film, PET textile chips, POY

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