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Polyester price index

This post is a summary of the polyester  (PET-based) price developments.The polyester price developments are expressed in US$/kg prices converted at current FX rates, which are the FX rates applicable at the time the price was valid. Polyester  (PET-based) price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for PET prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of polyester  (PET-based) prices
  • Recent price developments of underlying feedstocks which drive the price of polyester.
  • Market futures for both cost drives and feedstocks of polyester  (PET-based) prices
  • Adjustment of current supply/demand imbalances in the polyester market
  • Longer term trends in likely demand conditions

Further information on the Polyester price index

 

According to https://oec.world/ :

In 2020, the top exporters of Polyethylene terephthalate were China ($2.13B), Chinese Taipei ($892M), South Korea ($835M), India ($737M), and Netherlands ($547M).

In 2020, the top importers of Polyethylene terephthalate were United States ($1.04B), Japan ($852M), Italy ($522M), France ($456M), and China ($386M).

 

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Notes on the price-data

  • We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
  • We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
  • This the index trend of the price of the product group in general and not a single specification in particular
  • The data is presented in US$
  • The chart shows the price trend,  nearly always taken from many statistically-correlated sources