This week, Polyethylene Terephthalate (PET) prices across Asia largely held steady, with no significant movement reported in key regional benchmarks. FOB North East Asia bottle-grade PET was assessed at USD 780–800/mt, remaining unchanged compared to the prior week. A cautious Asia-wide sentiment was underpinned by lingering demand weakness and softer crude and feedstock markets. An […]
As of August 11, 2025, domestic polyethylene terephthalate (PET) prices in China remained unchanged, according to an update from leading manufacturers, including Jiangsu Sanfangxiang, Zhejiang Wankai, Zhuhai China Resources, and Xiamen Tenglong. None of these industry players altered their price offerings as of the latest assessment. The market stability underscores a balanced stance between supply […]
This week, U.S. spot import polyethylene terephthalate (PET) prices remained flat as persistent demand weaknesses continued to unsettle the typically robust summer market. Despite traditionally strong demand during the peak bottling season, this year has seen unusually low consumption levels, with macroeconomic headwinds, ranging from inflationary pressures to cautious consumer behavior, clouding market sentiment. Uncertainty […]
A Polymerduniya source in China reported that a Chinese producer has put forward an offer for premium bottle-grade PET resin (IV 0.80/0.77/0.83), priced at approximately USD 790/mt FOB for August 2025 shipment. The offer represents the latest benchmark for Asia-bound PET shipments, matching the lower end of recent price assessments in the region. Earlier in May–June […]
thyssenkrupp Uhde’s subsidiary Uhde Inventa-Fischer has signed a letter of intent (LOI) with the Türkiye packaging producer KÖKSAN for the delivery of two PET production plants. The first plant will be located in Gaziantep, Turkiye, and the second one – together with Al Mutahida Packaging – in Babylon, Iraq. Each production line will have a […]
Reliance Industries Ltd (RIL) has announced a fresh price increase for bottle‑grade PET resin in the Indian domestic market. According to a domestic industry source, prices will rise by ₹3 per kilogram, effective August 1, 2025, reflecting ongoing cost pressures in feedstocks and logistics. This follows earlier partial increases by the company in May (₹1.50/kg) and […]
Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg. On the HDPE front, injection grade fell […]
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