R-PET Prices Trend, Monitor, News, Analytics and Forecast | ChemAnalyst
R-PET Prices : During the Quarter Ending December 2023 NORTH AMERICA The North American R-PET market maintained stable pricing throughout the last quarter of 2023, buoyed by a steady demand for products fashioned from recycled materials such as clothing, packaging, and household items. This moderate demand was supported by the ready availability of scrap PET material, facilitating cost-effective production and ensuring ample supply levels. However, operational rate reductions among major recyclers and weakening demand from international markets tempered market sentiments. In the US, the R-PET market saw consistent pricing due to balanced supply and demand dynamics, particularly within the beverage and packaging sectors where sufficient inventories fostered pricing stability. While trading activity remained subdued, the automotive and construction industries provided essential support, keeping the local market steady. Notably, the price of R-PET Food Grade Pellets FOB Los Ang...