INSIGHT: Recycled PET prices trending down amid weak US demand

Source: https://www.icis.com/explore/resources/news/2023/06/09/10894768/insight-recycled-pet-prices-trending-down-amid-weak-us-demand/

Author: Paula Leardini

HOUSTON (ICIS)–Demand for recycled polyethylene terephthalate (R-PET) is expected to remain moderate to soft in 2023 despite long-term recycled content goals, resulting in potential downward price pressure in the United States. To understand the US R-PET market, one must look at the basics of each major price driver including supply, demand production costs and quality.