PET bottle resin price rises, driven by feedstock costs
This summer has brought brutal heat to parts of North America, but the heat hasn't led to as much demand for cold drinks in plastic bottles as expected.
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This summer has brought brutal heat to parts of North America, but the heat hasn't led to as much demand for cold drinks in plastic bottles as expected.
If there's one word that could point to the central theme in resin prices this year, it's "lower." As in lower demand and lower prices for commodity thermoplastics, engineering resins and recycled material.
Prices for polyethylene, polypropylene, PVC, polystyrene and PET resins all declined for the month, as demand growth slowed and inventories grew.
Recycled PET resin pellets have declined in North America over the last few months into the second quarter of 2023.
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