Texas (USA): In recent weeks, the United States has observed significant growth and firmness in its Recycled Polyethylene Terephthalate (R-PET) market. This stability is an indication of the industry&#xx;s strength amidst a period of substantial economic shifts. As March concluded, the prices of R-PET remained steady. Industry analysts pointed to a market that has reached equilibrium, the calm before the storm, perhaps, as the prices sat at a consistent rate without a hint of change.
This suggested a fine balance between supply and demand—where neither buyers nor sellers had the upper hand, a rare occurrence in the volatile recycling industry. Into the early days of April, the R-PET market maintained its price stability. This was indicative of a market that had found its footing after turbulent times. Despite modest demand, particularly from the textiles and bottle manufacturing sectors, prices remained flat, reflecting a consistent supply level....
