Tag: India PET Weekly: Import Values Rise as Domestic Buying Remains Cautious
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India: PET resin import prices rise as domestic market remains subdued
Import prices rise $30/t w-o-w to $1,295/t CFR India Domestic PET prices ease despite producer price hikes Potential Chinese restarts threaten Asian supply balance India’s virgin polyethylene terephthalate (vPET) market showed mixed trends in the week ended 16 October, as higher international feedstock costs lifted import replacement values while cautious downstream buying weighed on domestic…