PETpla.net Insider 05 / 2018

MATERIALS / RECYCLING PET planet Insider Vol. 19 No. 05/18 www.petpla.net 13 YOUR ADVANTAGE: • HIGHEST THROUGHPUT • HIGHEST ACCURACY • BEST REPRODUCIBILITY • 100% NETWORK CONNECTIVITY WWW.EISBAER.AT MIXING AND DOSING SUSTAINABLE SYSTEMS FOR THE PLASTICS INDUSTRY also had clients in Southern Europe. As such, the loss of this PET pro- duction capacity has had permanent implications for the trade flows of European PET and means that the amount produced in JBT Industries’ second plant in Belgium has to be exported to the USA. The same goes for part of the PET produced by Alko Nafta in Kaliningrad. There is no indication that the PET market will settle down within the next few months either, bear- ing in mind how things developed in 2017. According to forecasts, the oil price is set to rise even more during the coming weeks, mean- ing that feedstock prices are also likely to increase, as oil is used in their production process. There has been a shortage of PET during the past months. It remains to be seen whether its availability improves in the near future. The drinks season is just around the corner, meaning the demand for PET will increase. Importing PET from Asia could be an option worth exploring for some processing plants, however many are afraid of the risk as they do not have any experience with imports, or because they are still hoping for prices to fall. As such, quota- tion prices should be tempting so that, on balance, opting to take this course of action would be worthwhile after consideration of all the risks. MEG & Paraxylene price in Euros per tonne, free delivered from March 2017 to March 2018