5 reasons how seasons affect PET bottle prices

| 3 Min read PET bottle and its market importance PET or Polyethylene Terephthalate is a Code ‘1’ plastic widely used for beverage and water bottles across the world. Due to its excellent water barrier, non-toxic nature and material strength, PET plastic is used across multiple packaging products.  An approximate 480 billion PET plastic bottles are used globally, of […]

Price trend of scrap PET bottle prices in January 2022

| 2 Min read The average prices of scrap PET bottles saw a rise, where the start of the  month started at a low of ₹ 48.5/kg and reached a high of ₹ 52.4/kg . The price fluctuation was due to multiple reasons: Winter season Rise in Crude oil prices Rate increase of Virgin Fibre COVID-19 Pandemic A consistently […]