September PET prices Mexico USD110 tonne - Arhive
September PET prices rose in Mexico by USD110 per tonne September PET prices Mexico USD110 tonne
MOSCOW – Prices for polyethylene terephthalate (PET) in Mexico increased by at least 5 cents per pound (USD110 per tonne) in September against higher raw material costs, ICIS reported citing market participants.
Some manufacturers in Mexico also announced an increase in September prices of 6 cents per pound (USD132 per tonne). Regional buyers had no choice, since the production of PET in the region was reduced.S
However, even with a shortage of raw materials, PET suppliers were able to meet domestic requirements, but the volume of exports was reduced. American manufacturers also supplied PET to Mexico.September PET prices Mexico USD110 tonne
Before the rise in prices, the domestic quotations of bottled PET in Mexico were in the range of 71-77 cents per pound (USD1,565-1,698 per tonne).
The main producers of PET in Mexico are Alpek and Indorama. The third factory, owned by Mossi & Ghisolfi, is experiencing financial difficulties.September PET prices Mexico USD110 tonne
According to the Price Review of ICIS-MRC , in early September the cost of Russian PET granulate in the spot is at the level of 125 000-145 000 rubles. per ton, CPT Moscow, including VAT.September PET prices Mexico USD110 tonne
mrcplast.ru
Author: Anna Larionova