PET
Polyethylene terephthalate (PET) is a clear and lightweight thermoplastic polymer resin used in the packaging industry, bottle manufacturing, and textile fibers...
PET Bytes
Daily Market Report
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Indian Polymer Markets Brace for Volatility As Middle East Tensions Disrupt Supply Chains
The Indian polymer market remains subdued amid monsoon-driven demand slowdown and global freight issues. While domestic suppliers offer incentives to stimulate sales, geopolitical tensions—especially the Strait of Hormuz crisis—are driving crude prices higher, impacting raw material costs. BIS compliance deadlines are also reshaping sourcing behavior toward certified domestic suppliers.
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PET Prices Under Pressure Amid Weak Cost Support and Tepid Demand
PET bottle chip prices remained under pressure amid weak feedstock costs and muted downstream demand. While domestic production dipped due to maintenance, supply remains ample. Export momentum slowed, and high end-product inventories curbed fresh bulk buying. Crude oil weakness and global trade uncertainties are expected to keep prices subdued.
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PET Bottle Chip Prices Witness Volatile Trend Amid Mixed Market Drivers – May 2025
Chinese PET bottle chip prices saw sharp fluctuations in May 2025, rising to ¥6,185/ton mid-month due to crude and feedstock gains, then easing to ¥6,077/ton amid supply pressure. High inventories, policy uncertainty, and weak demand kept recovery in check. A seasonal uptick may occur if beverage demand strengthens.
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PET Chip Market Faces Bearish Pressure Amid Cost Weakness and Oversupply Concerns
Wankai PET prices stable across Indian ports despite weak cost fundamentals. Industry margins decline to -44 USD/ton due to low raw material prices and high polymerization costs. China's aggressive PET production and oversupply continue to suppress Asian market prices. Jindal Films fire disrupts BOPP supply, triggering sharp price hikes and market panic.
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Asian PET Prices Stay Weak Amid Oversupply, Sluggish Demand
PET bottle flake prices in Asia show slight volatility amid oversupply and weak demand. Indian PET prices remain range-bound, with Hyderabad reporting the highest. High production rates, ample feedstock, and sluggish end-user demand are capping price growth. Market remains bearish, but oil price rebounds could offer limited upside.
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Asian PET Prices Decline Sharply Amid Cost and Supply Pressures
PET prices remain under pressure due to oversupply, weak demand, and falling upstream costs. Despite a slight recovery in Chinese prices, inventories are high and demand sluggish. Crude oil and feedstock volatility continue to erode cost support, keeping the market bearish. Short-term pricing depends on demand revival and production adjustments.
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PET Resin Prices Under Pressure Amid Weak Demand and Oversupply Concerns
PET resin prices in India have softened due to global oversupply, weak raw material costs, and sluggish downstream demand. New production capacity, high inventory levels, and low order flow continue to weigh on the market. Experts foresee limited upside in the near term without a significant rebound in demand.
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Asia PET Prices Decline Amid Weak Demand and Oversupply
PET prices remained largely stagnant in early March 2025, reflecting weak demand and persistent oversupply concerns. Despite some production cutbacks, the market remains under pressure due to high inventory levels and new capacity additions. Weak cost support from raw materials and cautious buyer sentiment further limit any significant upward price movement.
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Westlake Weighs Ethylene Expansion Amid Cost Pressures in Polymer Market - ICIS
Ethylene market dynamics remain uncertain as inflation pressures impact supply expansion plans. Westlake’s potential cracker expansion in Louisiana could increase capacity by 40%, but cost concerns delay decisions. Meanwhile, polymer prices remain volatile, with PVC, HDPE, LDPE, and ABS seeing mixed trends across major Indian hubs. Short-term market stability is expected.
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