PET

PET March 2023 Price Review

European PET producers’ hopes for price stabilisation evaporated rapidly at the start of February. After a long delay, the December reference for paraxylene was a pronounced triple-digit drop, which immediately prompted corresponding demands for reductions on the part of customers. At the same time, aggressive import offerings forced their way on to the market. This flash in the pan was short-lived, however, and reductions were...

PET February 2023 Price Review

The uncertainty on the European PET market continued on into the first month of 2023. While the reference for the key feedstock paraxylene was finally fixed for December (up €195/$210/t), the contract for January was still up in the air. This caused considerable turmoil for indexed contracts. Major customers from the film industry in particular are experiencing an upswing in demand, which has to be...

PET January 2023 Price Review

Following the hefty turbulence of the previous months, the European PET market oscillated rather more gently towards the end of the year. While demand...

PET December 2022 Price Review

The situation on the European PET market could again only be described as miserable in November 2022. Producer efforts to stabilise the situation were...

PET November 2022 Price Review

In October 2022, it was no longer enough to describe the uncertainty prevailing on the European PET market as ‘almost physically palpable’ – demand...

PET October 2022 Price Review

The downward economic turmoil severely impacted the European PET market in September 2022 as well. Despite numerous production curtailments and the rescheduling of maintenance...

PET September 2022 Price Review

The turbulence that has prevailed on the European PET market so far this year continued on into August. European producers started the month expecting...

PET August 2022 Price Review

The turbulence in the European PET market continued in July 2022. The key feedstock paraxylene was in very short supply, and its price rose...

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