Fresh developments have emerged in the European recycled polyethylene terephthalate (R-PET) market, with a UK-based producer heard to have announced new offers for September 2025 shipment. According to a Polymerupdate source, the producer has set its offer for R-PET clear bottle flake IV 0.74 grade at GBP 1,400 per metric ton in 20-ton lots on […]
Polyethylene terephthalate (PET) prices across Asia remained largely unchanged this week, as the market continued to balance global energy volatility with seasonal slowdowns in downstream demand. A source in Asia noted that the Russia–Ukraine conflict and persistent U.S. sanctions on key oil-producing nations have heightened uncertainty in global supply chains, fueling a rise in international […]
Polyethylene terephthalate (PET) bottle grade prices in the Gulf Cooperation Council (GCC) region remained unchanged this week, as market participants adopted a cautious stance amid geopolitical uncertainty and muted trading activity. According to a regional industry source, “Prices of PET stayed consistent as purchasers refrained from making large acquisitions pending new import offers from international […]
Fresh offers for polyethylene terephthalate (PET) resin have surfaced from Vietnam, with a domestic producer heard to have quoted bottle-grade PET (IV 0.84) at USD 865 per metric ton on an FOB basis for September 2025 shipment. According to a source in Vietnam, the announcement comes at a time when sentiment in the Asian PET […]
The European polymer market showed a divided picture this week, with spot HDPE and LDPE prices easing on sluggish demand and sufficient supply, while LLDPE managed to hold firmer thanks to reduced availability and selective demand support. Contract prices across most polyethylene grades, however, rolled over as market participants awaited clearer direction from September negotiations. […]
Asian polyethylene and polypropylene markets displayed mixed trends this week, with most grades holding steady while certain segments posted modest movements against a backdrop of oversupply, muted demand, and heightened geopolitical tensions. Market participants pointed to the Russia–Ukraine conflict and its impact on energy infrastructure as a source of short-term volatility, though futures markets signaled […]
Polyethylene terephthalate (PET) spot prices in Europe edged lower this week, extending a period of sluggish demand and oversupply that has left the market mired in one of its weakest phases since early 2021. Contract values, however, were unchanged across the region, offering little indication of recovery as September approaches. A European market participant told […]
Polyethylene terephthalate (PET) prices in the United States remained unchanged this week, with market conditions described as subdued and sentiment depressed by sluggish demand. A US-based industry source told that, “The US spot import PET market experienced limited activity, keeping prices steady due to weak demand. Sentiment remained depressed due to low end-consumer demand, with […]
Recycled polyethylene terephthalate (R-PET) markets across Asia came under renewed pressure this week, with prices sliding amid subdued buying activity and a competitive environment where virgin PET remains more cost-effective for downstream users. Market participants reported that consumption of recycled polyester fibers for clothing applications has stayed exceptionally weak, as virgin PET continues to trade […]
Over the past decade, the Gulf Cooperation Council (GCC) petrochemical sector has quietly undergone a transformative evolution, blending environmental stewardship with economic savvy. Led by the forward-thinking Gulf Petrochemicals and Chemicals Association (GPCA), the industry has demonstrated that sustainability and growth can go hand in hand, if guided by strategic vision. Between 2013 and 2023, […]
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