Asian Recycled PET: Trade is still restricted by a
shortage of spot supply and logistical issues■ The trade is hindered
by logistical and feedstock supply issues.■ A lifting of Shanghai's lockdown may increase the demand
for recycled polyester fiber





Asian recycled PET prices remained stable
in June despite limited trading activity caused by a shortage of spot supplies. Suppliers still face
sourcing difficulties for raw materials. According
to market sources, there may be an increase in demand for polyester fibers
after Shanghai's lockdown restrictions were lifted. Even though there has been no change in demand for Asian
cargoes from Europe, it is still challenging logistically to ship cargoes from
Asia to Europe consistently. This is
despite there being an increase in demand from Europe, according to market
participants. According to market sources,
there was optimism regarding virgin PET...