As the global trade war heats up, Celanese has increased its prices for polypropylene-based long-fiber thermoplastic materials and PET and PET engineering resin composites since August 23.
Celanese said that as global raw material costs continue to rise and US trade representatives impose a 25% tariff on PBT and PET products imported from China to the United States, the price of the company's related products is accordingly raised. The price of PBT and PET materials sold in the Americas. It rose 25%. The price of these materials in Europe rose by 0.13 euros/kg. In Asia outside China, these products rose by 15 cents/kg.