PET
PET November 2023 Price Review
The ongoing misery in the European PET market appeared to have reached a new peak in October. Demand remained well below the normal level at the start of the post-season period, too.
Midway through October, producer JBF Global announced that, for economic reasons, it would be closing the second of its two lines in Geel, Belgium, at the end of the month. In the wake...
PET October 2023 Price Review
September could go down as a watershed month in the historical development of the European PET market. The still-prevailing weak demand prompted a producer in north-western Europe to shut down one of its two major lines.
At the same time, the company opened the floodgates of its warehouses to unleash the surging inventories that had built up over the past few months of weak sales....
PET September 2023 Price Review
In August, the impression that the European PET market was bottoming out gained further credence. Demand still remained subdued for the traditional height of...
PET August 2023 Price Review
The European PET market appears to have bottomed out in July. After paraxylene prices stabilised in June, suppliers demanded moderate increases at the start...
PET July 2023 Price Review
In June, even the very last optimists had to bury their expectations of a revival in demand. Despite the hot weather, demand remained weak....
PET June 2023 Price Review
Hopes of a lively start to the season for the European PET market were washed away, quite literally, in May. The floods that impacted...
PET May 2023 Price Review
European PET producers would have liked to raise their prices in April, but demand was once again weaker than previously expected. The Iberian Peninsula...
PET April 2023 Price Review
The European PET market was very volatile in March. At the beginning of the month, buyers were sometimes able to snap up material with...