Core Viewpoint - The PET industry faces significant challenges in market demand for the remainder of 2025 due to profit pressures and uncertainties in trade policies [1] Asia Market - The Asian PET resin market is experiencing ongoing overcapacity and intensified competition, which continues to suppress market sentiment [1] - Despite the typical seasonal demand increase in the fourth quarter due to pre-holiday stocking, industry insiders believe it is unlikely to reverse the overall downward trend [1] - A trader expressed that "substantial improvement is hard to see in the second half of the year" [1] Europe Market - The European market is confronted with additional challenges due to the implementation of the EU single-use plastics directive, leading to ongoing uncertainties [1] - The lack of penalties for violations has resulted in virgin PET being favored over recycled materials by end-users [1] - High inventory levels of downstream preforms, combined with front-loaded orders in Q3 and Q4, are expected to keep demand at low levels [1] - According to S&P Global Commodity Insights, the European PET market will continue to exhibit characteristics of a buyer's market [1] Americas Market - In the Americas, inflationary pressures and high interest rates are suppressing end-user demand [1] - Uncertainties in trade policies have reduced the willingness to import, with a distributor noting that "import volumes have significantly decreased due to tariffs" [1]