Written by steph » Updated on: December 16th, 2024
North America Recycled PET Prices the Last Quarter:
Recycled PET Prices in the United States:
In the last quarter, Recycled PET Prices in the United States remained stable, reaching 1,479 USD/MT. This stability was supported by consistent supply levels and modest consumption, particularly within the packaging and beverage industries. However, the market faced challenges that limited growth potential, including a slowdown in recycling operations and weaker overseas demand, which dampened overall market sentiment. Surplus stock further contributed to the steady pricing environment, balancing any fluctuations in demand. Despite stable prices, the market reflected a cautious outlook due to these operational and external pressures.
APAC Recycled PET Prices Last Quarter:
Recycled PET Prices in China:
In the last quarter, recycled PET (rPET) prices in China declined significantly, reaching 1,055 USD/MT. This downturn was primarily attributed to weak demand for recycled materials, as industries reduced their reliance on rPET amidst economic uncertainties. High supply levels, supported by the abundant availability of scrap PET, kept manufacturing costs low but also created an oversupplied market that further pressured prices. Reduced trading activity and limited international demand compounded the bearish trend, making it challenging for the market to recover. These combined factors created a difficult environment for the rPET sector, emphasizing the impact of supply-demand imbalances and subdued market conditions.
Europe Recycled PET Prices Last Quarter:
Recycled PET Prices in Germany:
In the last quarter, recycled PET (rPET) prices in Germany dropped to 970 USD/MT, reflecting a bearish market trend. The decline was primarily driven by an oversupply of post-consumer PET products, which flooded the market and reduced the bargaining power of recyclers. Demand for rPET remained weak as industries opted for virgin PET due to its competitive pricing and consistent quality, further exacerbating the market pressure. This competitive landscape created significant challenges for the recycling sector, as high supply levels and reduced demand made it difficult to stabilize prices. As a result, the rPET market in Germany faced persistent price declines and challenging conditions throughout the quarter.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Recycled PET Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Recycled PET price trend, offering key insights into global Recycled PET market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Recycled PET demand, illustrating how consumer behaviors and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.
Get Real-Time Prices of Recycled PET: https://www.imarcgroup.com/recycled-pet-pricing-report
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