US recycled plastics Senior Editor Emily Friedman, US PET Markets Reporter Melissa Wheeler, Vice President of the Polyester Chain, Antulio Borneo, and Senior Recycled Plastics Analyst Andrea Bassetti discuss the implications of recently added reciprocal tariffs on the US virgin polyethylene terephthalate (PET) and recycled PET (R-PET) markets including:
- Immediate spot price impacts across virgin and recycled PET
- Revised annual contract negotiations on several recent price increase initiatives
- Forecasted market trends of US R-PET
- Tariff management techniques applied by market participants
Correction: The audio has been changed to "the US imported 3.27 billion lbs of PET/rPET in 2024" instead of "3.7 billion lbs".
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