Episode 1055: Asia, Europe R-PET markets facing more challenges ahead of year end

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Senior Editors for Recycling Arianne Perez and Matt Tudball discuss the challenges faced across the Asia and Europe R-PET markets. While both markets have their unique dynamics, they have both been hit by the weaker-than-expected demand for recycled material in 2023, and face similar problems in terms of high stocks, low buying interest and risk of consolidation amongst recyclers. There are some small glimmers of hope, however, but the outlook for the rest of the year remains fairly flat.