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Industry Insights
China-ASEAN Free Trade Area 3.0 Launches, Creating New Opportunities for the PET Resin Industry
With the official conclusion of the China-ASEAN Free Trade Area 3.0 negotiations, deeper cooperation in digital economy, green development, and supply chain connectivity is expected to bring new momentum to the Polyethylene Terephthalate (PET) resin industry across the region.
Exploring New Opportunities in the PET Industry through the China-CELAC Forum
In May 2025, the China-CELAC Forum convened successfully in Beijing, marking a decade of expanding cooperation and tangible results in China–Latin America relations. With shared goals of equality, mutual benefit, and sustainable development, the two sides have built a solid foundation for deepening collaboration.
China's PET Industry Surges on Dual Momentum of Macro Stimulus and Rising Demand
Wankai New Materials Co., Ltd., a major global producer and exporter of Polyethylene Terephthalate (PET) resin, observes a positive trend in the polyester industry driven by favorable macroeconomic policies and seasonal demand. Rising upstream raw material prices, increased operating rates, and growing domestic and international orders indicate that China's PET sector continues to demonstrate resilience and stability in its supply chain.
China's PET Resin Exports Show Strong Momentum in April 2025
According to market research data from Huarui Information, China's PET(Polyethylene Terephthalate) resin bottle grade export market exhibited positive momentum in April 2025. Preliminary industry estimates indicate export orders reached approximately 700,000 tons during the period, reflecting notable year-on-year growth while maintaining stable month-on-month performance.
Malaysia Imposes Anti-Dumping Duties on PET Resin Imports from China and Indonesia
On May 7, 2025, the Ministry of Investment, Trade and Industry (MITI) of Malaysia officially announced the imposition of definitive anti-dumping duties on imports of polyethylene terephthalate (PET) resin originating from China and Indonesia.
Coca-Cola FEMSA Enhances CSD Production with Sidel Super Combi
Coca-Cola FEMSA has recently installed Sidel's Super Combi at its Jundiai plant in Brazil, boosting the productivity of its carbonated soft drink (CSD) line to 39,000 bottles per hour.
How Do U.S. Tariff Policies Impact the Global PET Industry?
In recent developments, the U.S. government introduced a new reciprocal tariff policy, imposing a 10% retaliatory tariff on a range of imported goods. However, key plastic raw materials, including polyethylene terephthalate (PET), polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC), were exempted from this tariff.
India Plans to Adjust Trade Policies with China, Promoting New Opportunities for Bilateral Cooperation
Amid a stabilizing situation along the China-India border, the Indian government is planning to undertake the largest adjustment of its trade policies with China in recent years. According to internal documents from India's Ministry of Commerce and Industry, the proposed adjustments include five main measures:
Trump Declares National Emergency, Imposes Sweeping Global Tariffs
President Donald Trump has declared a national emergency and imposed sweeping global tariffs aimed at enhancing U.S. competitiveness and economic security. What will be the global impact of these bold trade measures?
Polyester Chain Navigates Uncertain Markets Amid Oil Price Volatility
Recent fluctuations in crude oil markets have introduced renewed uncertainty across the polyester value chain, creating divergent price movements among key feedstocks. Market participants are closely monitoring supply-demand dynamics and cost structures, particularly for PET (Polyethylene Terephthalate) resin production.
Global Shipping Volatility and Its Impact on PET Resin Procurement
The global shipping market continues to experience significant volatility into 2025, influenced by ongoing geopolitical tensions, changing trade patterns, and logistical disruptions. This volatility is expected to persist, affecting procurement costs and supply chain stability for businesses reliant on imported raw materials such as PET (Polyethylene Terephthalate) resin.
Wankai Key Player in First Bottle-Grade PET Futures Delivery
In mid-March, the Zhengzhou Commodity Exchange (ZCE) successfully completed its first-ever bottle-grade Polyethylene Terephthalate (PET) futures delivery, with Wankai New Materials Co., Ltd. (Wankai) playing a pivotal role as a seller.
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