Recycled Polyethylene Terephthalate (R-PET) market in the U.S. has recently shown a mixture of constant and varying prices across different product segments, according to market analyses by ChemAnalyst.
As of the first week of May xxxx, prices for R-PET food grade pellets have remained stable, regularly priced at USD x,xxx per metric ton on FOB basis in Los Angeles. This steadiness indicates a balanced market, where the supply and demand for these pellets are well-matched, ensuring no significant disruptions in the pricing structure.
However, the broader R-PET market has experienced notable price shifts over the past month, highlighting the dynamic nature of supply and demand for different R-PET products. R-PET clear flakes, vital for certain recycling processes, have seen a xx increase in price from the beginning of April to May, now exceeding $x,xxx per ton. This rise signals a surge in demand coupled with a...
