Tag: recycling market India
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India PET Weekly: Higher crude and firm scrap supply lift PET chain, demand remains need-based
Brent rises 11.3% WoW to USD 95.70/bbl, Naphtha gains 6.9% to USD 855–860/MT. Virgin PET prices rise 2% WoW, while rPET remains volatile amid mixed market conditions. India’s PET market strengthened during the assessment week ended 4 September, supported by a sharp rise in upstream costs. Brent rose 11.3% WoW to USD 95.70/bbl, while Naphtha…