IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

PET prices hold, margins suffer amid weak demand

12:58 PM MDT | July 1, 2013 | —Francinia Protti-Alvarez

Global polyethylene terephthalate (PET) prices are expected to hold or improve slightly during the summer as some demand returns. However, margins continue to struggle overall: The stability of production costs offers some respite, but demand has been weak and converters are buying resin only against downstream orders, according to IHS Chemical’s latest Market Advisory Service: Global Plastics & Polymers. Prices of PET raw materials—para-xylene, purified terephthalic acid, and ethylene glycol—seem, for the most part, to have stabilized...

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