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Fitch forecasts US electric vehicles to account for 26% of sales by 2030, up from 9% in 2022, assuming current regulatory conditions; rising investments into EV battery manufacturing viewed as upside for EV sales, domestic EV manufacturing

McKinsey expects inflation to boost annual US national health expenses by US$370B by 2027 versus pre-pandemic estimate; pharmaceutical, supplies costs are higher than normal but show signs of slowing, but labor costs are growing and may top inflation rate

China polyolefin market continues to see declining imports, rising exports; self-sufficiency rage of China PET market is expected to rise to 62%: ICIS

Asia spot discussions for polyester hold steady to softer amid lower-than-expected buying interest, despite arrival of September-October peak season; feedstock MEG assessed at US$518.50/tonne Sept. 19, PTA prices it US$815/tonne: ICIS

Europe PET, PTA sales suffer poor demand, leading some suppliers to assess production plans post-maintenance; cost of shipments from Asia have plummeted by 50%, putting downward pressure on European producers: ICIS

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