PET (bottle scrap) prices increase in Ludhiana market (Business Opportunities - Marketing & Sales)

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PET (bottle scrap) prices increase in Ludhiana market


PET (bottle scrap) prices were higher in Ludhiana Today, pices increased by Re.1/kg to reach Rs.48/kg from a previous quote of Rs 47/kg.The price upward reflects ongoing market volatility as seasonal and economic factors shift demand for recyclable PET waste. The uptrend in prices also highlights changes in supply patterns, with increased availability contributing to the higher rate. PET bottle scrap remains crucial for the recycling industry, and this price movement may benefit manufacturers looking to source affordable materials for producing recycled PET products. PET (Polyethylene Terephthalate) bottle scrap is a widely recycled material used to create recycled PET (PET) for applications like packaging, textiles, and automotive parts. The demand for PET scrap has surged due to the emphasis on sustainability and circular economy practices, especially in the packaging and textile industries. Major PET Bottle Scrap Producers in India, Ganesha Ecosphere Ltd., Reliance Industries Ltd., Srichakra, Polyplast Pvt. Ltd., Major Global PET Bottle Scrap Producers, Indorama Ventures (Thailand), Veolia (France), Alpek Polyester (Mexico).The PET bottle scrap market is likely to experience sustained growth as global industries shift towards sustainable packaging and products. Emerging economies in Asia, the Middle East, and Africa are also expected to adopt recycling practices to meet rising domestic and export demands for recycled materials. Investments in advanced recycling technologies, including chemical recycling, are expected to further enhance the quality and availability of PET worldwide. Indian PET Prices, PET Prices In India, Indian Prices PET, Indianpetrochem.
#IndianPETprices #PETpricesinindia #IndianpricesPET #Indianpetrochem.

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Last Update : Dec 03, 2024 10:51 AM
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Item  Owner  : indianpetrochem
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