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Title: Demand of Polyethylene Terephthalate - PowerPoint PPT Presentation
Description: In North America, Polyethylene Terephthalate Price witnessed upward trend in first half which declined in early second half of Q1 2022. The rise in price was due to the consistent demand from downstream users as PET forms a staple for beverage bottles whereas Purified Terephthalic Acid (PTA) market witnessed contrasting trend where PTA prices rose in first and later months of Q1 and declined in second half of Q1. US dependency on Mexico for its PTA imports and its production disruptions in Mexico had manifested in curtailed PET operating rates in USA and thereby, in strong surge in prices in the later months of Q1. After the conclusion of Q1, PET prices were assessed at USD 2060 per MT on FOB basis. – PowerPoint PPT presentation
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