31 Aug 2023 | 14:30 UTC
Listen: Summer slump: Global recycled polymer markets wait for western markets to find solid footing
Featuring Heng Hui, Antoinette Smith, Charlie Wright, and Joon Lei Lee
A sluggish start to the peak summer demand season has disrupted the global recycled PET markets, with subpar demand from beverage bottling in North America, squeezed margins, stiff competition from virgin resin and pessimism running rampant.
S&P Global Commodity Insights' Heng Hui, global market lead for sustainable chemicals, Lee Joon lei, associate editor for petrochemicals, Charlie Wright also an associate editor and Antoinette Smith, senior editor, Americas chemicals discuss the current RPET conditions and provide a look ahead at the rest of the year and early 2024.
Related prices:
Post-Consumer PET Bottle Bales Premium Grade FOB Los Angeles(opens in a new tab)
Recycled PET Clear Flakes FOB Los Angeles(opens in a new tab)
Recycled-PET Clear Flakes FOB SE Asia(opens in a new tab)
PET Bottle Grade DDP USWC(opens in a new tab)
Related content:
Interactive: Chemical Week’s Billion-Dollar Club: Ranking the world's top chemical producers
(opens in a new tab) Blog: Bionaphtha for plastics: a building block toward sustainability(opens in a new tab)
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