PET producers feel price pressure

Gibson, Jane
May 2006
ICIS Chemical Business;5/29/2006, Vol. 1 Issue 21, p34
Trade Publication
The article offers a look at the polyethylene terephthalate (PET) market in Europe. The May 2006 increases of around £40-€70/tonne have provided some redemption for Europe's PET producers after months of sustained feedstock increases. Although targets as high as €150/tonne had been mooted, many concur that the average increase of €50/tonne has helped recoup some of the margin lost over recent months. PET prices now stand at around €1250-€1310/tonne FD NWE.


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