Join Jesper Christiansen, Senior Analyst at Mintec, for a detailed guide into PET prices. The value of PET has been on the rise since July of 2020, increasing by roughly 100%. Plastics have increased since a low point in Q2 of 2020 and in many cases prices have doubled in the past 18 months. The increased cost has a direct impact on the bottom line and if you subscribed to our service, you would have received a recommendation to hedge (fix your prices as early as in December of 2020 and avoid most of the increase.
Key Takeaways:
• Market supply, demand, pricing, and production.
• An understanding of the current market situation.
• Production, supply, and related impacts.
• How and why prices are at the current levels.
• Hedging recommendations on PET.
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