1 min read
High Prices and Tight Markets for the European Polyester Chain
The concerns relating to the availability of PET in December, as European producers struggled to bring plants back online following scheduled...
1 min read
PET in Latin America - Will High PET Prices Continue?
As we moved into the Q4 2020, outstanding demand of PET in the US has improved the performance of producers in America. Not only in the US and North...
1 min read
PET Negotiations: Trends for 2021
Negotiations for 2021 contractual deliveries continue in Europe and the US with unexpected issues modifying the positions of sellers and buyers....
1 min read
Covid-19 Related Factors Mitigate GDP Collapse for PET Resin Demand - But for How Long?
Like many consumer products, PET Packaging Resin demand is strongly linked to the health of the global economy. Based on long-term correlations with...
1 min read
What Future for Coal-To-Meg and Bio-Meg in a Low-Cost Brent World?
Since the start of 2020, we have seen Brent crude oil futures fall from just under $70/bbl to $23/bbl. MEG values followed, plummeting from $608/ton...
3 min read
Demand Found Sadly Lacking as Chinese Synthetic Fibers Emerge from Lock-Down
The Covid-19 pandemic and the resulting disruption to economies around the world has had a major impact on global synthetic fibers demand – with a...
1 min read
Where Should PET Resin and Polyester Intermediates be with Brent Crude Oil?
Everything is uncertain and challenges abound for individuals, industries and society at large in the context of today’s COVID-19 pandemic....
1 min read
2020 Was Already a Challenging Year for Polyester
What is Covid-19 virus adding? In a previous promotion “What next for Polyester? What Is Changing in the Economy And Petrochemicals From 2019...
1 min read
MEG Rationalisation Expected - But Where, When and How?
Today’s MEG scenario reflects the different and difficult dynamics that will continue to impact and shape markets in the coming months and years.