The US BOPET market has exhibited remarkable stability during August xxxx despite the logistical challenges posed by hurricanes. Although adverse weather conditions impact industrial activities and transportation, however, BOPET prices have remained stable at August xxxx levels due to the delicate balance between supply and demand dynamics, counterbalanced by various factors. The downstream packaging industry&#xx;s shift towards sustainability has further impacted demand for BOPET. Suppliers have responded by adopting cautious inventory management strategies and maintaining a steady production rate.
During August xxxx, there have been signs of improvement in the BOPET supply chain. The Polyester operating rates have risen to around xxx, indicating a more abundant supply compared to previous periods of tightness. Moreover, the cost of PET, a key feedstock for BOPET production, has remained relatively stable during this timeframe. This has helped to maintain overall production costs for manufacturers, preventing them from...
