rPET spreads and what they signal for circular materials

Recycled PET premiums have swung sharply over the past year. We unpack the supply-demand drivers and what the spread tells investors.

The premium of recycled PET over virgin resin is one of the cleaner real-time signals in circular materials — and it has been anything but calm.

Brand commitments and recycled-content rules push demand up; collection and sorting capacity gates supply. When the two move out of step, the spread whips around. For investors, the spread is less a price to chase than a barometer of how tight the feedstock chain really is.

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