Insight
G20 and the impact on China’s polyester chain
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Hangzhou sits in one of the most industrialised provinces of China, Zhejiang. The explosive growth in the economy over the past twenty years has resulted in the proliferation of industrial complexes including refineries, petrochemical plants and steel mills, in Zhejiang and neighbouring Jiangsu provinces. It is with this in mind that since early 2016, the central government in Beijing, in conjunction with the local authorities in Zhejiang and neighbouring Shanghai and Jiangsu, have requested enterprises to help play the role of a good host for the string of G20 meetings. This insight report discusses the ways in which such shut downs will affect the polyester value chain in China, and the likely implications on polyester supply and demand in Asia for the coming months. Use it to sharpen your commercial planning and understand the likely supply/demand patterns that will shape polyester prices into the coming autumn.
Table of contents
- G20: why it matters to China’s polyester industry
- Who’s cutting what, where and how much, how long?
- After G20: it should all bounce back, but just how strongly?
- Impact on Polyesters
- Impact on PTA and paraxylene
- Impact on MEG
- Post G20: still all the way down for China’s polyester industry?
- Appendix 1
- Appendix 2
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus April 2025: surviving the trade war
China’s strategy to mitigate the economic damage from the trade war
$1,150
Insight
Wood Mackenzie at Asia Petrochemical Industry Conference (APIC) 2025 - Key Takeaways
APIC 2025: Key takeaways across the chemicals value chain
$900
Insight
From alloys to batteries: how US tariffs are reshaping the cobalt value chain
Our analysis of the impact of US tariffs on the cobalt value chain.
$1,050
