What are Asian Recycled PET price assessments?
Platts daily recycled PET assessment covers clear flake material with PVC content of 50-100ppm loading in Southeast Asia and complements Platts existing virgin PET assessments in Southeast Asia and Northeast Asia.
Material is for loading 3-21 days forward from the day of publication out of typical ports Port Klang in Malaysia, Bangkok in Thailand, and Jakarta in Indonesia. Indications from other ports may be taken into consideration as well.
The price assessment is complemented by a daily rationale and weekly commentary, which explains how the price assessment is reached and delves into the market fundamentals observed throughout the week.
Prices are assessed in $/mt.