Category: Middle East

Polymer Packaging

GCC PET Market Holds Firm as Buyers Wait for Fresh Offers Amid Geopolitical Uncertainty

PET bottle-grade prices in the Gulf Cooperation Council (GCC) region remained steady this week, assessed at USD 830–880/mt CFR GCC, unchanged from the previous week. According to an industry source, the market has plateaued despite a noticeable softening in purchasing appetite. Most buyers are adopting a wait-and-see approach, delaying new commitments until updated import offers […]

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