As of the end of August xxxx, the U.S. Recycled Polyethylene Terephthalate (R-PET) market remained remarkably stable, with price holding at USD x,xxx per MT per MT for clear flakes grade on FOB – Los Angeles basis. This consistency in pricing indicates the balance between supply and demand that has been a key feature of the R-PET market throughout the month.
In late July, R-PET price saw a nominal growth of xx, increasing from USD x,xxx to USD x,xxx per MT. This uptick was largely due to a short-term rise in demand from sectors such as food packaging and bottling, which continue to rely on R-PET as part of their sustainable production processes. Once the increase was observed, the market stabilized, and price remained steady throughout August with no further significant changes.
The U.S. R-PET market has shown strong resilience...
