US BOPET film prices moved higher in March as geopolitical disruption and rising logistics costs outweighed inventory relief. Early March saw spot levels unchanged, while caution among buyers kept activity modest. By late March, shipping rerouting and insurance surcharges, along with tighter upstream markets, pushed offers higher and shifted sentiment from rangebound to firmer ahead of the pre-summer restocking window for FMCG packaging. Demand remained concentrated in the packaging sector, with applications across flexible packaging, labelling, industrial films, food packaging, beverage labelling and consumer packaging. Domestic converters ran at steady rates, with roughly equal shares of domestic production and imports, leaving buyers to balance routine requirements with cautious procurement. Upstream cost pressure remained a dominant factor, as PTA/PET feedstock costs rose on higher crude, naphtha and paraxylene, compressing margins and lifting landed costs via freight and insurance surcharges. Forecasts point to continued upward pressure through spring, driven by supply disruptions, longer shipping routes, and pre-summer restocking, with a demand stance.
BOPET film prices in the USA moved decisively higher in late March as geopolitical disruption and rising logistics costs began to outweigh the short-term supply relief provided by pre-built inventories. Early March saw spot levels largely unchanged as suppliers drew on stocks to meet essential orders, while mid-month caution among buyers limited large spot activity. By late March shipping rerouting and insurance surcharges, along with tighter upstream markets, pushed BOPET upward and shifted market sentiment from range-bound to firmer heading into the pre-summer restocking window for FMCG and beverage packaging.
BOPET demand remained concentrated in the packaging sector, where applications such as flexible packaging, labelling, industrial films, food packaging, beverage labelling and consumer goods packaging provided the baseline of activity. The BOPET Film ** 碌 DDP Los Angeles variant was assessed at $*,***/MT for February ****, up from a prior reference of $*,***/MT, and...
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