The German used disposable PET bottles market:
Recyclers walloped by Covid crisis and oil price slump

18 May 2020 − 

For PET bottle recyclers in Germany, business was going considerably worse in April than initially expected.

By mid-April at the latest, many recyclers were racking up significant contract losses in the wake of the dramatic drop in oil prices in April in combination with the coronavirus crisis. Producers of fibre, strapping and film often cancelled contracts for flakes. In some cases, the volumes involved amounted to roughly half the monthly volumes.

Bottle arisings were not too bad in April, but some recyclers were noticing the impact of the closure of restaurants and food service operations as well as consumers’ reluctance to return empty bottles.

This is an excerpt from EUWID's monthly report on the German market for used disposable PET bottles. The EUWID Price Watch for April together with the complete report will be published in EUWID Packaging Markets 11/2020.
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