Energy, freight,
and monomer costs support pricesDemand seasonally healthyPrices of European virgin polyethylene
Terephthalate rose in the week ending April 6, owing to higher costs and
seasonally healthy buying interests. "People are preparing for
summer. A source stated that demand is driven by this. According to a
converter, higher energy, monomer and logistical costs are lending support to
the prices. Participants were looking for any material, virgin or otherwise.





They could also get recycled
products. According to the source, it was unclear if the current demand
level could sustain due to inflation and higher living expenses. The
converter stated that there won't be a bottle season this year. Another
source stated that higher living costs wouldn't impact PET demand. However,
consumers will seek to lower their outgoing expenses by switching energy
suppliers and supermarkets rather than...