VIDEO: Europe PET in relative good health against backdrop of struggling upstream PX, PTA
Caroline Murray
18-Jun-2020
LONDON (ICIS)–ICIS Senior Editor for European polyethylene perephthalate (PET) Caroline Murray analyses how the market is performing well while domestic demand for upstream products flag.
– PET operating rates are relatively high, with few exceptions
– Domestic PX and PTA demand is sluggish, imports competitive
– PET market supported by fewer imports, forward purchases
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