Contrary to the expectations of market participants, the European and the German market was very well supplied with primary PET in July.
Despite the high temperatures that have persisted for months, demand for the production of preforms and bottles for beverages could still be met. Companies told EUWID that compared to last year they saw growth exceeding 5% coming from the mineral water sector in Europe. Companies active in the sector said they were operating to capacity.
Nonetheless, there were very few, if any, postponed delivery dates – neither for raw materials nor for finished products. Even long-time industry experts were amazed at the persistently stable supply of primary PET.
⇒ This is an excerpt from EUWID's report on the German PET market. The complete article will be published in EUWID Packaging Markets 17/2022.