简体中文
🏭 PET Market Update (Asia-Pacific) – Week of Sep 19, 2025 🏭
Despite softer feedstock markets, PET export prices held stable across Asia. Here’s what you need to know:
🔹 Price Stability: PET bottle, fibre, and film grade prices remained largely unchanged as exporters held offers firm amid poor margins and supply cuts in China.
🔹 Margin Pressure: Persistent weak margins and production cutbacks provided underlying support, preventing further price declines.
🔹 Logistics Boost: Falling freight rates encouraged some restocking, though buying remained cautious and need-based.
🔹 Trade Shifts: US tariffs continue to redirect PET flows—South Korean and Taiwanese exporters are exploring domestic and European markets amid rising competition.
🔹 China’s Role: Cheaper Chinese cargoes are increasing competitive pressure regionally. Operating rates dipped slightly to 77.2%, while inventory levels held steady.
🔹 Outlook: Expect fiercer competition in Asia, with weak feedstock markets and China’s upcoming holiday likely influencing near-term buying sentiment.
Stay informed with ICIS for ongoing market intelligence.
hashtag#PET hashtag#Chemicals hashtag#MarketUpdate hashtag#AsiaPacific hashtag#PlasticsIndustry hashtag#SupplyChain hashtag#Trade hashtag#ICIS hashtag#Petrochemicals hashtag#MarketInsight hashtag#yishengPET hashtag#CRCPET hashtag#JADEPET hashtag#WakaiPET hashtag#PETresin hashtag#PETChips.
