Tag: India PET weekly: Producer price hikes reinforce bullish sentiment in virgin and recycled markets

Reliance raises list price of PET bottle grade by INR 4/kg Feedstock revisions reinforce a firmer market outlook India’s polyethylene terephthalate (PET) market witnessed an improvement in buying activity during the week ended 18 July, as expectations of higher domestic producer prices encouraged converters and traders to advance procurement. While purchasing largely remained requirement-based, demand…