European R-PET: Prices stable amid
muted spotactivity■ Market supply remains long■ Consumers have high
inventoriesRecycled polyethylene teraphalate prices were stable on the week
toNov. 16, with spot activity remaining slow due to low buying interest.Many
consumers reported full inventories and satisfaction withvolumes already taken
for November when citing reasons for spotmarket inactivity."No one is
buying much of anything, not even imports," asource said.R-PET oversupply
has continued to burden products across thesupply chain, as excess material
remains available and strong importpenetration continues.However, sources
agreed that the market looks to be in balance.European Recycled PET Weekly
Rationale









The recycled polyethylene terephthalate clear flakespot price at
Eur1,570/mt FD Northwest Europe on Nov. 16, down Eur10/mt on the day and on the
week, moving toward an indication at belowEur1,550/mt heard from a consumer,
considering...