Category: PET

PolymerEnergy

Asian PET Steady Amid Weak Demand as Feedstock Softness and Geopolitical Watch Temper Pricing Incentives

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 […]
PolymerEnergy

China’s PET Prices Hold Firm with No Shifts from Leading Producers

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 […]
PolymerEnergy

U.S. PET Prices Hold Firm Amid Weak Summer Demand and Tariff Uncertainty

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 […]
PolymerOil

thyssenkrupp Uhde and KÖKSAN to develop two polymer plants

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 […]
Polymer Price Increase

Reliance Industries to Hike PET Resin Prices by ₹3/kg from August 1

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 […]
PolymerPrice decrease

Karachi Polymer Market Limp as Buying Interest Wanes Amid Soft Pricing

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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