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Asian PTA market price weakens on falling PX price and bleak demand

Shandong (JLC), May 28, 2026—In May, Asian PTA market trended lower, weighed by lukewarm demand and weakening feedstock costs. During the current lull in terminal industry, lackluster purchasing dampe

05-28-2026 11:39:47

Sinopec 30,000 mt/yr large-tow carbon fiber phase-1 comes online in Ordos

Guangzhou (JLC), May 20, 2026--Sinopec Shanghai started production from the Phase 1 of its 30,000 mt/yr large-tow carbon fiber project in Ordos, Inner Mongolia recently, and the products delivered a w

05-20-2026 11:35:24

Mideast crisis drives PFY to high-price era

Shandong (JLC), April 8, 2026—The geopolitical conflict in the Middle East has triggered a global energy and chemical supply chain crisis, driving PFY prices to surge and likely remain elevated, promp

04-08-2026 15:56:42

2.25 mln mt/yr new MEG capacity to be released in 2026

Shandong (JLC), March 18, 2026—Four new ethylene glycol (MEG) units with total capacity of 2.25 mln mt/yr would come on stream in 2026. In this way, China MEG capacity might total at 32.115 mln mt/yr

03-18-2026 10:06:56

China polyester yarn steady as Mideast tensions lift costs, demand lags

Shandong (JLC), March 11, 2026—The Israel-Iran conflict has transmitted cost-push pressures to China's polyester yarn sector via rising crude oil prices, driving a stable yet strengthening market, tho

03-11-2026 14:07:17

Middle East conflict risks Chinese MEG supply

Shandong (JLC), March 2, 2026--The Chinese MEG industry faces a double threat from the conflict in the Middle East: cost pressure and direct supply disruption risks.

03-02-2026 17:24:45

Asian PTA market trends sideways in August

Shandong (JLC), September 17, 2025—Asian PTA prices fluctuated in August amid tepid trading, largely tracking crude oil trends and China’s domestic market dynamics.

09-17-2025 15:52:15

China PET bottle chip exports rise on growing overseas demand

Shandong (JLC), April 25, 2025--China exported 586,700 mt of PET bottle chip in March 2025 according to the General Administration of Customs of the PRC (GACC), up by 99,100 mt month on month and up b

04-25-2025 15:16:00

China PTA exports increase on year in September

Shandng (JLC), October 22, 2024--China PTA imports in September 2024 totaled 1,000 mt, while the exports totaled 380,700 mt, rising by 90,700 mt or 31.27% year on year.

10-22-2024 17:27:35

Demand for PFY fails to meet expectations as peak season passes by

Shandong (JLC), March 21, 2024--China polyester filament yarn (PFY) Market stepped into the traditional peak demand season in March and April, while the resumption of terminal demand lagged behind. Th

03-21-2024 17:29:05

China PTA exports increase on month

Shandng (JLC), March 21, 2024--China PTA imports in January 2024 totaled 1,100 mt, falling by 900 mt on month, while the exports totaled 349,700 mt, rising by 131,300 mt on month.

03-21-2024 17:28:16

PET bottle chip will eye peak demand season

Shandong (JLC) March 9, 2023--PET bottle chip market will eye the peak demand season in the following days as beverage consumption will climb with the weather warming up.

03-09-2023 17:15:15

China MEG market to ease on high stock builds

Shandong (JLC), February 15, 2023--Domestic MEG market will ease to some extent in the short term, taking cues from weak fundamentals and particularly due to the high stock builds.

02-15-2023 10:10:48

Turkey earthquake has little impact on China's chemical fiber industry chain

Shandong (JLC), February 10, 2023—Turkey earthquake has little impact on China's chemical fiber industry chain.

02-10-2023 14:41:20

BCS prices increase on higher cost

Shandong (JLC), August 12, 2022--China BCS prices increased from end-July to early August with support of cost.

08-12-2022 17:22:59

Tongkun Group plans to build natural gas-fed MEG project

Shandong (JLC), June 2, 2022--Tongkun Group in East China’s Zhejiang plans to build a natural gas-fed MEG project together with a functional differential fiber project to further enrich its industrial

06-02-2022 14:16:16

China PTA market forecast in Q2

Shandong (JLC), April 13, 2022--Domestic PTA market prices are expected to gain in the short term buoyed by high crude value, but may decline after the demand wanes.

04-13-2022 10:30:54

PSF prices increase in end-Jan

Shandong (JLC), January 27, 2022--Polyester staple fibre (PSF) prices increased in end-January, as OPEC+ production was expected to decrease and feedstock prices increased.

01-27-2022 16:53:52

Asia MEG prices go range-bound in 2021

Shandong (JLC), January 27, 2022--Asia ethylene glycol (MEG) prices go range-bound in 2021 amid weak demand but limited imports.

01-27-2022 16:44:30

China BCS Imports decrease in Dec

Shandong (JLC), January 26, 2022--China BCS Imports decreased to 13,571.56 mt in December, down by 42.60% month on month but up 8.31% year on year, with an import value of $34.3164 million, and the av

01-26-2022 15:52:09

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