Tag Archives: PET Price

China’s export PET prices break below $800/bbl threshold

China’s export PET prices break below $800/bbl threshold

In China, export PET prices hit another low during this past week as reported on www.ChemOrbis.com. Export offers lost $20/ton at both ends of the range and reached below the $800/bbl threshold. Current export prices indicate the lowest levels reported since mid-November of 2008. In upstream news, three producers already nominated their new January MEGRead More

PET price

Chinese players face firmer PET prices after the holiday

In China, players started to come back to the market late last week following the week long National Day holiday, that was celebrated between October 1 and 7 as reported on www.ChemOrbis.com. Although players have been taking their time to resume their operations, export PET prices have already started to be voiced with increases. ChineseRead More

PET price

European PET players: Prices firm up ahead of feedstock contracts

In Europe’s PET market, players report that offers on the low end of the PET price range are disappearing ahead of the higher expected MEG and PX contracts, according to ChemOrbis. Spot PET prices in Europe moved up by €10-50/ton during the past week. The greater part of the increase occurred at the low endRead More

Plastics Industry News

First Reimotec high-performance strapping tape line for PP and PET installed in China

Lampertheim/Troisdorf, August 28, 2014. A major Chinese producer of strapping tapes has expanded his production capacities by the addition of a Reimotec high-performance line for the production of PP and PET strapping tapes. The line can reach production speeds of 200 m/min and output rates of 500 kgs/h. According to the General Manager of the Chinese strappingRead More