FOB Southeast Asia recycled PET clear flakes, premium-grade flakes, and food-grade pellet prices at $820/mt respectively. FOB Southeast Asia recycled PET clear flakes,premium-grade flakes, and food-grade pellet prices at $820/mt, $910/mt, and $1,195/mt respectively, in line with tradableindications.Sellers maintained offer levels from the previous week despitefluctuations in PET bottle bale prices, which were slightly down inThailand and up in Indonesia.Domestic demand for R-PET flakes was heard to have beenstable to soft, but cost pressures persisted due to a shortage ofPET bottle bale feedstock.Recyclers continued to field inquiries from Europe for clearflakes despite longer sailing times and increased freight costsdue to the Red Sea crisis. Market sources have also reported robust demand for clear flakes from East Asia. "Chinese buyers ate up my May cargoes," a Southeast Asian recycler said.
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