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Fiber-grade PET capacity up on year

Shandong (JLC), October 29, 2024--The total capacity of fiber-grade PET increased as of September on a year-on-year comparison, on account of rising demand from film industry.

10-29-2024 14:04:59

China's ZCE launches bottle-grade PET futures contracts

Guangzhou (JLC), September 13, 2024 – China's Zhengzhou Commodity Exchange (ZCE) officially launched the trade of bottle-grade polyester (PET) resin futures contracts on August 30.

09-13-2024 18:14:13

Bottle grade PET exports rise on ample domestic supply

Shandong (JLC), October 18, 2023--According to customs statistics, the exports of bottle grade PET in August 2023 was 380,200 mt, with an average price of $906/mt.

10-18-2023 17:04:00

China bottle grade PET exports up on month, down on year

Shandong (JLC), September 27, 2023--The exports of bottle grade PET in July 2023 were 332,000 mt, with an average price of $936/mt.

09-27-2023 10:21:00

Sinopec Hunan gets approval to build ethylene and oil upgrade project

Guangzhou (JLC), September 18, 2023--Sinopec Hunan Petrochemical gained approval for the construction of its 1 mln mt/yr ethylene and oil upgrade project.

09-18-2023 18:32:21

China cuts bottle grade PET exports MoM on slowing purchase

Shandong (JLC), August 17, 2023--According to customs statistics, the exports of bottle grade PET in June 2023 was 309,200 mt, with an average price of $969/mt. The exports decreased by 29,700 mt comp

08-17-2023 17:03:00

China bottle-grade PET exports market improves in 2023

Shandong (JLC), July 20, 2023--With the gradual release of China's production capacity, China's bottle-grade PET exports became more optimistic, and imports were gradually decreasing, with bottle-grad

07-20-2023 15:21:00

China bottle-grade PET prices move up in H1 2022 on cost support

Shandong (JLC), July 18, 2022--The domestic bottle-grade PET market has showed an uptrend in the first half of 2022 underpinned by rising costs, with prices hitting a four-year high.

07-18-2022 16:29:13

PetroChina Guangxi proposes oil refining & chemical upgrade

PetroChina Guangxi has proposed an oil refining & chemical upgrade project to build a 1.2mln mt/yr ethylene plant.

06-27-2022 17:26:45

China bottle-grade PET prices high on tight supply

Shandong (JLC), May 12, 2022--China bottle-grade PET prices have been correcting at high levels bolstered by supply constraints as many plants cut operating rate or shut units down affected by the epi

05-12-2022 17:21:00

China bottle-grade PET market fluctuates widely in Q1

Shandong (JLC), April 7, 2022--The overall domestic bottle-grade PET market showed an M-shaped trend in the first quarter of 2022, and the price corrected at a high level supported by costs.

04-07-2022 17:30:44

Bottle-grade PET producers enjoy high margins on tight supply

Shandong (JLC), December 9, 2021--China bottle-grade PET producers have enjoyed high production margins recently, as product prices have been strong amid supply constraints.

12-09-2021 17:21:05

China bottle-grade PET market mutes on weaker costs

Shandong (JLC), March 11, 2021--China China bottle-grade PET market weakened lately undermined by the drop in feedstock prices.

03-11-2021 16:04:46

Review on China bottle-grade PET chip market in 2020

The prices of bottle-chip PET showed a downtrend in China in 2020 and even hit a new lowest price level in JLC’s data statistics, as both China and overseas markets were impacted by the COVID-19 pandemic.

01-12-2021 17:49:31

China fiber-grade PET chip market weakens in Sept

China fiber-grade PET chip market has weakened in September as a result of soft demand. The downstream demand has not increased in the peak season as usual, depressing the prevailing dealing price of fiber-grade PET chip.

09-23-2020 17:20:06

Bottle-grade PET chip margins decrease further on weak demand

The profit from producing bottle-grade PET chips has been meager amid low product prices lately, decreasing to below CNY200/mt in August and further inching down in September as weak demand restricted the downstream consumption, JLC’s data shows.

09-16-2020 15:23:25

China’s bottle-grade PET chip price unlikely to rebound soon

The prices of bottle-grade polyethylene terephthalate (PET) chip in China have been range-bounding at low levels since late July, which is unlikely to rebound soon amid weak demand.

09-10-2020 16:58:35

Fiber-grade PET chip plants to continue suffering losses in Sept

China fiber-grade PET chip companies ran at a loss in August, and the situation will continue amid weak demand and low prices in September unless demand surges more than expected, according to industry sources

09-02-2020 17:24:04

Yisheng ranks China’s biggest bottle-grade PET chip producer

The private-sector Yisheng has become the biggest bottle-grade PET chip producer in China, after adding a combined 850,000 mt/yr of new capacity earlier this year.

08-19-2020 17:48:49

Bottle-grade PET supply tightens amid growing demand

Shandong (JLC), March 27, 2019--Bottle-grade PET supply became tight in late March as the possible VAT cut in April spurred restocking of traders and downstream users.

03-27-2019 15:57:33

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