North America Polyethylene Terephthalate Prices Movement Q3
Polyethylene Terephthalate Prices in USA:
In Q3 2024, polyethylene terephthalate (PET) Prices in the United States fell to 1,217 USD/MT by September. After initial stability, prices declined due to weak demand, increased supply from restarted plants, and lower production costs. Additionally, falling raw material prices added to the downward pressure, leading to an overall price drop.
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APAC Polyethylene Terephthalate Prices Movement Q3
Polyethylene Terephthalate Prices in China:
In Q3 2024, polyethylene terephthalate (PET) prices in China dropped to 956 USD/MT by September. The decline was driven by weak demand, low trading activity, and excess supply. Buyers showed little interest in restocking, adding to the market slowdown. Additionally, falling raw material costs further pushed prices down, maintaining a negative trend.
Europe Polyethylene Terephthalate Prices Movement Q3
Polyethylene Terephthalate Prices in Germany:
In Q3 2024, polyethylene terephthalate prices in Germany reached 1,220 USD/MT in September. Prices initially rose due to higher feedstock costs and supply disruptions. However, as production normalized and inventories stabilized, the market shifted. Limited downstream demand and cautious restocking contributed to a challenging pricing environment by the end of the quarter.
Factors Affecting Polyethylene Terephthalate Supply and Prices
Polyethylene terephthalate supply and prices are influenced by feedstock costs, production levels, and downstream demand. Trend charts and graphs show price fluctuations driven by supply disruptions, inventory levels, and market sentiment. News on raw material prices, trade policies, and production capacity further impacts the overall pricing and market dynamics.
How IMARC Pricing Database Can Help
The latest IMARC Group study, โPolyethylene Terephthalate Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,โ presents a detailed analysis of Polyethylene Terephthalate price trend, offering key insights into global dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARCโs data-driven approach helps businesses navigate complex markets with precision and confidence.
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