Category: Uncategorized
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India PET Weekly: Higher feedstock costs and tight imports lift PET prices, demand improves marginally
Virgin PET prices rise 2–3% w-o-w as delayed imports tighten domestic availability. Festive stocking gains importance as converters prepare for October demand. India’s polyethylene terephthalate (PET) market strengthened during the assessment week ended September 11, supported by higher upstream costs, limited import availability and firmer global offers. Domestic virgin PET prices increased by around 2–3%…