The German PET market: increased prices settle in October at August levels

As expected, the German post-consumer PET bottle recycling market was quiet at the end of the year. Recyclers’ sales volumes are still suffering because primary PET is inexpensive and cheaper offerings of flakes are readily available from other European countries. In December, not all PET recyclers in Germany were...

The situation remains extremely challenging for PET recyclers in Germany. There was no improvement in the weak demand for flakes or recycled pellet in October. All sales segments are affected, respondents say. The markets are unsettled in the face of high energy costs, recession and an uncertain future. Business...

According to EUWID market sources warehouses along the PET supply chain were full in early October, and the rate at which raw material and finished goods were leaving manufacturers’, converters’ and customers’ facilities had slowed considerably. Order volumes have been cut back. Some players in the packaging industry...