Tag: India rPET market turns firmer as Virgin PET rally boosts buying interest

PET bottle-bale prices rise 2-3% w-o-w amid improved converter and trader buying High freight costs continue to weigh on rPET export demand India’s rPET market sentiment strengthened to stable-to-firm this week, supported by crude prices reaching around $105/bbl and an INR 3/kg increase in virgin PET prices. PET bottle-bale domestic prices increased by around 2-3%…