As we enter September, the global PETG resin market is showing a relatively stable trend, supported by balanced supply and steady downstream demand. However, market participants remain cautious as raw material costs, geopolitical developments, freight rates, and currency fluctuations continue to influence purchasing decisions.
From the raw material perspective, PETG production costs remain closely tied to upstream petrochemical feedstocks, particularly those derived from crude oil. Although oil prices have become less volatile compared with previous months, ongoing geopolitical uncertainties and energy market fluctuations continue to create cost pressure across the petrochemical supply chain. As a result, PETG prices are expected to fluctuate within a relatively narrow range rather than experience significant increases or declines.
On the logistics side, global ocean freight rates have generally stabilized following earlier disruptions. While transportation costs remain above long-term historical averages on some trade routes, improved vessel availability and smoother port operations have enhanced delivery reliability for international shipments. Freight costs therefore remain a manageable, but important, component of export pricing.
Exchange rate movements continue to play a key role in international trade. The ongoing fluctuations of the US Dollar against major currencies are affecting import costs, export competitiveness, and customers' purchasing strategies. Many buyers are maintaining cautious inventory levels and placing orders based on short-term demand rather than long-term stock building.
Looking ahead, the PETG resin market is expected to remain stable throughout September. Supported by balanced supply conditions and improving logistics, the market outlook remains positive despite external uncertainties. We will continue to closely monitor global market developments and provide our customers with stable supply, competitive pricing, and reliable delivery services.
