The German PET market: bottle production draws from full raw material inventories

European producers extend maintenance shutdowns

PET manufacturers and preform/bottle producers had very different takes on the German market for primary PET. While the bottle industry pointed to the ower demand, which was still normal for this time of year, the PET manufacturers themselves were not satisfied with the calm. Extended maintenance shutdowns were therefore currently the order of the day. Market participants saw several reasons for current market conditions. One was to be found in the market development of 2022....

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