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PET Bottle Resin Prices Rise

from Plastics News

Stronger demand and higher feedstock costs combined to push North American PET bottle resin prices up an average of 3 cents per pound in April. Some buyers saw only 2 cents in upward price movement, while others saw 4. The 3-cent average is being shown on this week’s Plastics News resin pricing chart. The increase is the second consecutive monthly hike to hit the regional PET bottle resin field, following a 1-cent-per-pound increase in March. more

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