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NewsSSESSMENTS: 5 Things To Watch In Polyethylene Terephthalate (PET) Market Week Starting April 7

Author: SSESSMENTS

China Polyethylene Terephthalate (PET) Bottle

  • In the week beginning March 31, a Chinese producer increased its local PET Bottle offers by CNY100/ton ($14/ton) from the previous week. What is the producer’s pricing strategy this week, and what factors influence it?
  • Over the same period, export PET Bottle offers from a Chinese producer were kept unchanged. What is the trend in export prices this week, and how do overseas buyers respond to it?
  • China’s PET Bottle demand showed no significant improvement despite the onset of the traditionally high season. Is there any demand rebound observed this week?
  • Local and export polyethylene terephthalate (PET) prices were anticipated to see limited changes this week. Does this prediction come true?
  • How do Chinese market participants expect the near-term trend for the polyethylene terephthalate (PET) market, especially after the US announced new import tariffs?

Indonesia Polyethylene Terephthalate (PET) Bottle

  • In the week starting March 31, a Chinese producer kept its PET Bottle offers on the FOB basis steady week-on-week, bringing prices to $820/ton on LC at sight, CIF Indonesia Main Port basis. What is the trend in import prices this week?
  • There were talks about a potential increase in freight costs from China to Indonesia in April. Have shipping fees actually increased? If so, how do they affect the price trend for imported materials?
  • In the week before Eid al-Fitr, Indonesia’s leading polyethylene terephthalate (PET) producer implemented a weekly increase of IDR150,000/ton ($9/ton), citing the continued depreciation of the Indonesian rupiah against the US dollar. What is the producer’s pricing strategy this week? What factors influence price adjustments, if any?
  • FMCG companies reported weaker-than-expected pre-Eid demand for finished goods. Does the slowdown continue after the holiday? How does it affect the polyethylene terephthalate (PET) market?
  • How do market participants respond to the recently announced US import tariffs? What impact are they expecting from this new trade policy?

SEA Polyethylene Terephthalate (PET) Bottle

  • In the week starting March 31, a Chinese producer kept its PET Bottle offers on the FOB basis unchanged from the previous week. What is the current price trend in the import market? What factors influence it?
  • Local PET Bottle offers in Malaysia were relatively steady week-on-week. What are local Malaysian producers’ pricing strategies this week? What factors influence the adjustment, if any?
  • In Thailand, a producer raised its local PET Bottle prices by THB500/ton ($15/ton) from the previous week. Does the uptrend continue this week?
  • End-product demand in Thailand remained moderate, despite the arrival of the peak summer season. Has there been any further improvement in the market this week?  
  • What impacts do market participants expect from the new US import tariffs on the regional polyethylene terephthalate (PET) market?

Vietnam Polyethylene Terephthalate (PET) Bottle

  • Local PET Bottle offers through a global trading house remained unavailable last week, though market prices reportedly declined by around VND100,000-200,000/ton ($4-8/ton) week-on-week. Has the trader resumed offering local cargoes this week? If so, are there any adjustments, and how are buyers responding to the latest prices?
  • For imports, a Chinese producer kept its PET Bottle offers on the FOB basis unchanged from the previous week. Does the price stability continue this week? How do Vietnamese buyers react to the price change, if any?
  • Vietnam’s polyethylene terephthalate (PET) market continued to experience weak demand, with buyers preferring to wait for price reductions. Has there been any sign of a demand rebound?
  • How do market participants respond to the recently announced US import tariffs, and what impact do they anticipate from this new trade policy?
  • What are the expectations for polyethylene terephthalate (PET) demand and pricing in Vietnam in the near term?

SEA Polyethylene Terephthalate (PET) Film

  • In the week before Eid al-Fitr, local PET Film offers from Indonesia’s leading polyethylene terephthalate (PET) producer remained stable from the prior week. Does this price stability persist this week?
  • What pricing strategy is the Indonesian producer adopting now? How are buyers reacting to the latest offers?
  • No notable demand improvement was observed across Southeast Asia last week, with the Indonesian market particularly slowed down ahead of Eid. As the holiday ended, what is the demand situation in the regional PET Film market?
  • Have there been any supply or logistics disruptions in Southeast Asia, and how have they affected the PET Film market?  
  • What are the near-term expectations for PET Film demand and pricing in the region?

Tags: All Markets,Asia Pacific,China,English,Indonesia,Malaysia,NEA,News,PET,Philippines,SEA,Thailand,Vietnam

Published on April 7, 2025 9:35 AM (GMT+8)
Last Updated on April 7, 2025 9:35 AM (GMT+8)