Demand of Polyethylene Terephthalate - PowerPoint PPT Presentation

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Demand of Polyethylene Terephthalate

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In North America, Polyethylene Terephthalate Price witnessed upward trend in first half which declined in early second half of Q1 2022. The rise in price was due to the consistent demand from downstream users as PET forms a staple for beverage bottles whereas Purified Terephthalic Acid (PTA) market witnessed contrasting trend where PTA prices rose in first and later months of Q1 and declined in second half of Q1. US dependency on Mexico for its PTA imports and its production disruptions in Mexico had manifested in curtailed PET operating rates in USA and thereby, in strong surge in prices in the later months of Q1. After the conclusion of Q1, PET prices were assessed at USD 2060 per MT on FOB basis. – PowerPoint PPT presentation

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Title: Demand of Polyethylene Terephthalate


1
Polyethylene Terephthalate Price Trend and
Forecast
  • In North America, Polyethylene Terephthalate
    (PET) market witnessed upward trend in first half
    which declined in early second half of Q1 2022.
    The rise in price was due to the consistent
    demand from downstream users as PET forms a
    staple for beverage bottles whereas Purified
    Terephthalic Acid (PTA) market witnessed
    contrasting trend where PTA prices rose in first
    and later months of Q1 and declined in second
    half of Q1. US dependency on Mexico for its PTA
    imports and its production disruptions in Mexico
    had manifested in curtailed PET operating rates
    in USA and thereby, in strong surge in prices in
    the later months of Q1. After the conclusion of
    Q1, Polyethylene Terephthalate price were
    assessed at USD 2060 per MT on FOB basis.
  • https//www.chemanalyst.com/Pricing-data/polyethyl
    ene-terephthalate-72

2
Polyethylene Terephthalate
prices online
3
Updated Polyethylene Terephthalate pricing
online
4
Polyethylene Terephthalate Supply in European
  • Polyethylene Terephthalate Supply in the European
    region remained strong throughout the quarter on
    the back of robust demand and firm cost pressure
    from PTA. Purified Terephthalic Acid (PTA)
    availability remained curtailed during Q1 which
    put inflationary pressure on the available
    material. In February, Manufacturers also
    reported that rising feedstock prices amidst the
    ongoing war between Russia-Ukraine have
    culminated into the hike of the price. Downstream
    industries too operated normally with high demand
    packaging industry. Later, with logistics
    constraints the demand for the product in the
    domestic market dipped in H2 of Q1, but the
    overall market rose as the demand for PET bottles
    remained healthy in the domestic market. The
    price for PET in Europe saw upward trend and got
    assessed at USD 1815 FD South Hampton.
  • https//www.chemanalyst.com/Pricing-data/polyethyl
    ene-terephthalate-72

5
Demand of Polyethylene Terephthalate online
  • In North America, Polyethylene Terephthalate
    (PET) market witnessed upward trend in first half
    which declined in early second half of Q1 2022. 
  • Polyethylene Terephthalate (PET) market
    continuously rose in India in the first quarter
    owing to the high demand from packaging and
    textile industries.

6
Prices of Polyethylene Terephthalate in Europe
7
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