PODCAST: Asian R-PET, R-PE markets see cautious buying, shift to virgin cargoes observed

SINGAPORE (ICIS)--Sustainability efforts unable to shield Asian R-PET and R-PE markets as inflation and mounting fears of recession weigh on trade.In this recycled polymers podcast, ICIS editors Damini Dabholkar and Arianne Perez discuss recent market conditions with an outlook ahead in Asia.Cautious buying of R-PET, R-PE cargoes to continue with no immediate rebound in downstream demandBale feedstock supply lengthens across spot markets as recyclers curb transactionsCheaper virgin PET, PE cargoes prompt non-sustainability driven uptake to shift away from R-PET, R-PE