Polymer News: Global Polyethylene terephthalate (PET) market outlook

In Asia: Purchase appetite picked up slightly in Southeast Asia although overall demand sentiment has slowed down ahead of the approaching year-end.

In Europe: Spot market momentum slowed with players winding down operations ahead of the festive season and year-end. Meanwhile, traders continue to hold excess material inventories which has been purchased over the last few months.

In United States: Prices gained slightly on the back of a sharp rise in ocean freight rates.

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