PET recycling: Prices at lowest level since 2009 in Germany

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Prices for post-consumer PET bottles in Germany fell once again in July. Volumes were sometimes even being offered for free to reduce inventory levels, as storage costs were also rising, EUWID was told. Prices are said to be at their lowest level since the financial crisis of 2009. In addition to weak sales, recyclers are also concerned about high stock levels. Storage space was scarce and becoming more expensive, respondents said....

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