The German PET market: prices increase slightly again in March amid brisk demand

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...

The situation on the German PET recycling market is becoming increasingly difficult. Recyclers often reported massive drops in sales volumes in September, especially for clear flakes. Orders were cancelled and pressure on prices was intensifying. The developments are dramatic, said market players. Recyclers fear they...