Brazilian PET imports rise by 38% in 2011

19 January 2012 19:13  [Source: ICIS news]

HOUSTON (ICIS)--Brazilian imports of polyethylene terephthalate (PET) increased by 38% in 2011 compared with 2010 figures, according to government data obtained on Thursday.

Brazil imported 158,808 tonnes of PET in 2011, up from 115,145 tonnes in 2010.

The imported PET amounted to $274m (€214m) FOB (free on board), up by 88% from the nearly $146m FOB imported in 2010.

The average price in 2011 was $1,723.25/tonne ­– 36% higher compared with the average price of $1,268.65/tonne in 2010.

($1 = €0.78)

For more on PET visit ICIS chemical intelligence

By: Ron Coifman
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