Polyethylene Terephthalate Europe

摘要

In continental Europe, bottle-grade spot PET prices trackedthe decline in raw material prices. In the UK however,exchange rate fluctuations caused spot prices to hold steady.In contract discussions, European PET converters said theywere targeting significant decreases but, in the UK, buyerswere eyeing rollover. Contracts: Initial expectations for JulyPET contracts were markedly different between the UK andthe continent, sources said this week as currencyfluctuations impacted sentiment. Northwest European PETconverters expected their freely negotiated July contracts tosettle with a decrease in line with or in excess of the fall inraw material prices.