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US PET imports surge from Brazil, UAE, S Korea, Taiwan in January
HOUSTON, March 14, 2016 (PCW) -- US imports of packaging imports PET surged in several countries in January which exported none in January 2015, the latest USA Trade Online data show.
The tide of imports occurred as total imports fell by 17.5% in January due mostly to a dropoff from four major suppliers who were hit with antidumping duties last year--China, India, Oman and Canada. Other countries posting less PET exports to the US in January included Egypt, Honduras and Portugal.
Within the mix of US PET imports, Brazil has emerged as a major supplier: 6,111 metric tons in January, up from zero a year earlier. The US is a favored destination for foreign PET producers and distributors due to the higher price it commands compared to Europe and Asia. -- Xavier A. Cronin
Other countries with import totals:
US packaging grade PET imports in metric tons
|January 2015||January 2016|