imprint EDITORIAL PUBLISHER Alexander Büchler, Managing Director HEAD OFFICE heidelberg business media GmbH Hubweg 15 74939 Zuzenhausen, Germany phone: +49 6221-65108-0 info@petpla.net EDITORIAL Kay Barton Heike Fischer Gabriele Kosmehl Michael Maruschke Ruari McCallion Anthony Withers Editorial & WikiPETia. info petplanet@petpla.net MEDIA CONSULTANTS Martina Hirschmann hirschmann@petpla.net Johann Lange-Brock lange-brock@petpla.net phone: +49 6221-65108-0 LAYOUT AND PREPRESS EXPRIM Werbeagentur Matthias Gaumann www.exprim.de READER SERVICES reader@petpla.net PRINT Chroma Druck Eine Unternehmung der Limberg-Druck GmbH Danziger Platz 6 67059 Ludwigshafen, Germany WWW www.hbmedia.net | www.petpla.net PETplanet Insider ISSN 1438-9459 is published 10 times a year. This publication is sent to qualified subscribers (1-year subscription 149 EUR, 2-year subscription 289 EUR, Young professionals’ subscription 99 EUR. Magazines will be dispatched to you by airmail). Not to be reproduced in any form without permission from the publisher. Note: The fact that product names may not be identified as trademarks is not an indication that such names are not registered trademarks. 3 PETplanet Insider Vol. 24 No. 12/23 www.petpla.net Dear readers, The year is drawing to a close and it’s time to look back. We have summarised the information on the commodity price index from our PETplanet Pulse newsletter for you: It has not been a success story for PET producers in Europe. Even though 2023 is not yet over, neither PET producers nor most of their customers will be able to look back on a successful financial year. The start in January was already rather difficult for producers, as many customers had already stocked up on low-priced PET from Asia in the previous year. In addition, the number of contracts signed also declined, which in turn led to planning uncertainty for producers. As a result, almost all PET producers have reduced capacity in recent months and shut down individual production lines to save costs. After rather subdued demand, demand only picked up again in July. Over the course of 2023, producers continued to struggle with energy prices that were still too high compared to 2021, which drove costs up further. In 2023, high inflation, which was particularly noticeable in beverage sales, also had an impact on the coffers of market participants. Over the course of the year, the PET price fell from around € 1,210 per tonne to around € 1,090 per tonne in the period from January to October despite high production costs. European PET should therefore be attractively priced in particular for customers who stocked up with Asian PET in 2022. The prices of feedstock have seen fewer major fluctuations in recent months. If you would also like to receive the monthly report, please write to info@petpla.net or subscribe directly online under “Subscribe to PETplanet Insider” on www.petpla.net. With best wishes for a successful start to the coming year! Yours Alexander Büchler
RkJQdWJsaXNoZXIy NTY0MjI=