Polyethylene Terephthalate Price Chart, Prices, Index and Regional Data
North America Polyethylene Terephthalate Prices Movement Q4
Polyethylene Terephthalate Prices in USA:
A Price Trend for Polyethylene Terephthalate in December 2023 shows prices in the USA reaching 2,342 USD per metric ton. Excess inventories led to price reductions as suppliers aimed to clear stock, but stabilization occurred later in the quarter due to steady feedstock supplies, despite uneven demand from packaging sectors. This situation highlighted the complexities of the market, showcasing the adjustments suppliers made in response to changing conditions and the dynamic interplay of supply and demand.
Polyethylene Terephthalate Prices in South Korea:
In December 2023, the price trend for polyethylene terephthalate in South Korea reached 1,970 USD per metric ton due to elevated import costs. Low consumption from packaging sectors and economic uncertainties contributed to a decrease in PET resin prices. This decline occurred despite stable market conditions, as there were no plant shutdowns. Overall, the market faced challenges that impacted pricing dynamics.
Polyethylene Terephthalate Prices in Germany:
In December 2023, the prices for polyethylene terephthalate in Germany reached 2,235 USD per metric ton. Producers reduced production to manage inventory levels in anticipation of rising feedstock costs. Despite these pressures, the European market remained stable, with no major shutdowns reported. Overall, the market demonstrated resilience amid challenging conditions.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Polyethylene Terephthalate Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” 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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