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PET Prices and News

ABS , India , HDPE , GPPS , China , PE , PP Copolymer , PET , Thailand , LLDPE , PVC , Japan , Asia Pacific , Indonesia , PP Homo , PP , Malaysia , HIPS , Price , Taiwan , Singapore , Philippines , South Korea , SEA & India , LDPE , Vietnam , PS

Asian polymer markets unfazed by crude oil rally
by Pınar Polat  and Merve Sezgün
Import prices for most polymers in Asia have continued their downturn this week, defying the oil rally. Overall sentiment has remained weak across regional countries mostly due to mounting concerns over demand hit by the resurgence of COVID-19 particularly in Southeast Asia and India...
04-06-2021


ABS , India , PET , PVC , Price , PE , PS , PP

India’s polymer demand slowly heals pandemic-inflicted wounds
by Shibu Itty Kuttickal
Demand for polymers in India has seen a slow recovery as COVID-19 restrictions are gradually being eased in different parts of the country. But the pace of recovery has not energised the markets yet. Large-scale converters are mostly running close to full capacity while small units struggle to return...
03-06-2021


Malaysia , Northeast Asia , India , Price , China , Singapore , Philippines , South Korea , PET , SEA & India , Thailand , PET Bottle , Asia Pacific , Vietnam , Indonesia

Buying resistance, ample supply keep Asian PET bottle under pressure
by Shibu Itty Kuttickal
Asian PET bottle markets have remained under pressure from a combination of plentiful supplies and buying resistance amid rising COVID-19 cases. Buyers have laid low over the past week, keeping a wary eye on new outbreaks of the pandemic, especially in Southeast Asian countries...
20-05-2021


ABS , HIPS , HDPE , Price , GPPS , PE , PP Copolymer , PET , LLDPE , PVC , LDPE , Turkey , PP Homo , PS , PP

Turkey polymer markets entering holiday amid weak atmosphere, what lies ahead?
by Merve Madakbaşı
Muslim countries are readying to celebrate Eid al-Fitr soon while Turkish players have started to leave their desks since the end of last week for holiday. Polymers witnessed drops over the past week, particularly for PP and PE, while the trajectory for the post-Eid period was under discussion...
11-05-2021


ABS , HIPS , India , HDPE , Price , GPPS , PE , PP Copolymer , PET , SEA & India , LLDPE , PVC , LDPE , PP Homo , PS , PP

Polymer demand takes a heavy knock from deepening COVID crisis in India
by Shibu Itty Kuttickal
The surge in COVID-19 cases has resulted in a slump in domestic demand in India at the levels of both downstream polymer converters and end-user consumer markets...
05-05-2021


More Free Information on Plastics Industry: Glossary Production Flowcharts
More Free Information on Plastics Industry: Glossary | Production Flowcharts
PET Production 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.

Products:

PET bottle, PET film, PET textile chips, POY

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