Polyethylene Terephthalate (pet) Price Trend and Forecast

UNSPC code: 13111039
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Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

polyethylene terephthalate (pet) Price Trends by Country

usUnited States
nlNetherlands
beBelgium
gbUnited Kingdom
frFrance
cnChina
inIndia
krSouth Korea

polyethylene terephthalate (pet) Pricing Trends in India: 

Global polyethylene terephthalate (pet) Price Trend, Analysis and Forecast​

Polyethylene Terephthalate (PET) Price Trend Q3 2025

In Q3 2025, the global PET Bottle Grade Resin market has displayed diverse trends across regions. In Europe, countries like the Netherlands, Germany, the UK, and France have experienced a downward price trend due to low demand from the downstream packaging industry, stable supply, and minimal trading activity. In contrast, South Korea has seen an upward price trend, driven by high seasonal demand, particularly in the beverage packaging sector, and limited supply.

India has also experienced a significant upward price trend, fueled by strong domestic demand. The USA has seen a slight increase in prices, while China has maintained a stable market with no significant fluctuations. Regional disparities have reflected varying demand dynamics, with some areas seeing upward trends driven by high demand, while others have experienced minor declines or stability due to steady consumption.

Netherlands:

Domestically traded PET prices FD Amsterdam, Netherlands, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, PET prices in the Netherlands have followed a downward trend, with prices ranging between USD 1050-1100 per metric ton (MT), showing a decline of 1.4% on q-o-q basis. The downward PET price trend in the Netherlands has been driven by low demand from the downstream packaging industry, particularly the food and beverage sector. The low trading atmosphere in the region and ample product availability have contributed to the stable yet subdued market, resulting in minimal price movement.

Despite this decline, the Dutch PET market has remained resilient, with steady demand from key industries. In September 2025, PET prices in the Netherlands have decreased by 4.5%, driven by persistently weak demand and cautious purchasing behaviour, along with competitive pressure from imports. The oversupply in the market has further compounded the price drop, reinforcing the overall downward trend observed throughout the quarter.

Germany

Domestically traded PET prices FD Hamburg, Germany, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, polyethylene terephthalate (PET) prices in Germany have shown a downward price trend. The 1.3% decrease has been due to low trading activity and steady demand from the packaging sector, particularly in food and beverages. Although supply has remained balanced, a lack of major inquiries from downstream industries has led to this slight price reduction.

The PET price trend in Germany has reflected stable market conditions but with softer demand and minimal trading activity. In September 2025, polyethylene terephthalate prices in Germany have decreased by 4.4%, influenced by weak demand, cautious purchasing behaviour, and increased competition from lower-priced imports. The reduced enthusiasm from buyers and fewer orders from the packaging sector have contributed to the price dip.

United Kingdom

Domestically traded PET prices FD Immingham, United Kingdom, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, PET prices in the United Kingdom have followed a downward price trend, showing a 1.3% decrease. The downward PET price trend in the United Kingdom has been primarily due to low demand from the downstream packaging industry, especially within the food and beverage sector. A quiet market, with minimal trading activity and no significant new inquiries, has led to this minor price dip.

The availability of PET has remained ample, but there has been no substantial shift in consumption, contributing to the relatively stable but slightly decreasing price trend. In September 2025, PET prices in the UK have decreased by 4.3%, driven by persistently weak demand, cautious purchasing, and competitive pressure from imports. This downward pressure on prices has been compounded by slower demand from the packaging sector.

France

Domestically traded PET prices FD Le Havre, France, Grade – Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, PET prices in France have followed a downward price trend, showing a 1.3% decrease. The downward PET price trend in France has been attributed to consistent but low demand from the downstream packaging sector, particularly food and beverages. Despite steady production levels, the ample availability of PET in the market and minimal supply-side pressures have led to the price reduction.

The PET price trend in France has reflected a balanced demand-supply environment, but weak demand and minimal growth in consumption from key sectors have caused the price drop. In September 2025, PET prices in France have decreased by 4.4% due to weak demand, cautious purchasing, and competition from lower-priced imports. A subdued outlook from the packaging sector has contributed to the continued downward price trend.

South Korea

PET export price from South Korea, South Korea, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, PET prices in South Korea have followed an upward price trend, showing a 2.5% increase. The upward movement in the PET price trend in South Korea has been driven by high seasonal demand, particularly in the beverage packaging sector, coupled with limited supply. Strong procurement activities and high demand from both domestic and export markets have further contributed to the price increase. The tight production and export conditions have resulted in higher prices.

In September 2025, PET prices in South Korea have decreased by 1.0% due to lower upstream feedstock costs, as PTA prices dropped by more than 2%. The decrease in crude oil prices and economic data from the U.S. has also weakened market sentiment, contributing to the slight price reduction despite earlier seasonal demand.

India

Domestically traded PET prices Ex-Baddi, India, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

According to the PriceWatch, in Q3 2025, PET prices in India have shown a strong upward price trend, reflecting a 6.4% increase. This significant rise in the PET price trend in India has been driven by high demand from the local packaging industry, particularly the growing e-commerce and retail sectors. The sharp rise in demand for bottled beverages and packaging has led to supply constraints, pushing prices higher.

In September 2025, PET prices in India have decreased by 3.6% due to lower upstream feedstock costs, including PTA and MEG, and subdued demand from key sectors. The imposition of U.S. tariffs on PET and recycled PET imports has created market disruptions, which have led to a decline in demand from Indian exporters, contributing to the price drop.

USA:

PET Imported prices CIF Houston, USA from South Korea, Grade: Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02).

According to the PriceWatch, in Q3 2025, PET prices in the USA have seen a slight upward price trend, reflecting a stable to increase. This increase in the US PET price trend has been driven by stable demand from key sectors like food and beverage packaging. Although there have been fluctuations in freight costs and raw material prices, overall demand has remained constant, preventing significant price changes.

The stable supply from domestic production and low supply-side pressures have helped maintain balance in the market. In September 2025, PET prices in the USA have decreased by 1.0% due to lower prices from Southeast Asia and South Asia following the imposition of U.S. tariffs on PET and recycled PET imports. The disrupted trade flows and reduced export volumes have contributed to the price drop.

China

PET export price from Shanghai, China, Grade: Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02).

According to the PriceWatch, in Q3 2025, PET prices in China have remained stable. This stability has been driven by a balanced gap between demand and supply, with steady production levels and no significant increase in consumption from the downstream packaging industry. While there have been occasional fluctuations in raw material costs and regional disruptions, they have had minimal impact on the overall price trend.

In September 2025, PET prices in China have decreased by 1.0% due to lower PTA prices and weakened demand in the local market. The drop in crude oil prices has further lowered production costs for PET, contributing to the price decline, but the overall supply levels have kept the market stable throughout the quarter.

polyethylene terephthalate (PET) Price Trend Analysis: Q2 2025

According to the PriceWatch, the European PET market experienced a price hike during Q2, 2025, with prices rising by 1.5%. In particular, the Netherlands PET Bottle Grade Resin market saw a price increase, with the average price for the quarter recorded at USD 1105 per metric ton. The price rise in the Netherlands was driven by strong demand from the beverage and packaging industries, which rely heavily on Polyethylene Terephthalate (PET) for bottles and containers.

Additionally, feedstock MEG prices in Europe increased by more than 5% during the same quarter, which significantly enhanced production costs and further contributed to the price increase. The strengthening of the Euro against the US Dollar also played a role in stabilizing import prices, supporting the upward trend. Seasonal demand for bottled beverages, particularly ahead of summer, further boosted the PET market.

The European PET market, and specifically in the Netherlands, is experiencing steady price growth, and this trend is expected to continue in the near term as demand remains strong and supply conditions remain tight, supported by the bullish trend in feedstock costs.

polyethylene terephthalate (PET) Price Trend Analysis: Q1 2025

In Q1 2025, PET Bottle Grade Resin prices continued to decline across major markets. In Europe, average prices dropped by around 2.7% to USD 1089/MT. The fall was largely attributed to subdued beverage and packaging sector demand during the post-winter season, as well as competitive pressure from cheaper Asian imports.

In South Korea, prices edged lower by 2.2% to USD 814/MT, with domestic producers offering discounts amid weaker overseas orders and sufficient local supply. In India, the high IV PET market rebounded slightly, rising by 9.6% quarter-on-quarter to USD 967/MT, supported by better textile and fiber-grade demand.

polyethylene terephthalate (PET) Price Trend Analysis: Q4 2024

In Q4 2024, the Global PET Bottle Grade Resin market experienced sharp decrease. European prices plunged by 10.5% to USD 1119/MT, driven by excess inventories, energy cost stabilization, and slow off-take from downstream converters ahead of year-end holidays. In South Korea, PET resin prices declined by 5.9% to USD 832/MT, pressured by muted regional exports and abundant supply.

For high IV PET resins in Europe, prices witnessed a steeper fall of 15.4% to USD 1054/MT, in line with slower demand from fiber and textile applications. Indian high IV PET resin prices dropped by 6.8% to USD 882/MT, tracking global bearish sentiment but protected somewhat by steady local fiber consumption.

polyethylene terephthalate (PET) Price Trend Analysis: Q3 2024

During Q3 2024, Polyethylene Terephthalate (PET) Bottle Grade Resin prices in Europe saw a modest rise of 2.0%, reaching around USD 1250/MT. Increased summer beverage consumption, along with improved economic activity, supported resin demand.

In South Korea, however, PET prices dipped by 3.0% to USD 884/MT, as local bottlers maintained cautious purchasing amid volatile feedstock costs. In India, prices for high IV PET resin softened by 8.2% to USD 946/MT, as converters delayed purchases anticipating further price corrections.

polyethylene terephthalate (PET) Price Trend Analysis: Q2 2024

In Q2 2024, the global Polyethylene Terephthalate (PET) market continued to rise, with a 2% price increase in Germany. This growth was driven by higher demand from the packaging industry due to the favorable summer season and escalating production costs tied to feedstock prices, including Ethylene Glycol and Terephthalic Acid.

A shortage of Mono Ethylene Glycol, worsened by climate-related shutdowns and reduced operational capacities, further constrained supply. This shortage, along with crude oil price fluctuations and geopolitical tensions, led key players like Indorama Ventures to adjust prices upward.

polyethylene terephthalate (PET) Price Trend Analysis: Q1 2024

In Q1 2024, European Polyethylene Terephthalate (PET) prices saw significant upward momentum, especially in the Netherlands with a 7% increase. The rise was fuelled by high demand from the construction industry and strong economic growth, boosting market confidence. Production costs also surged due to elevated prices for feedstocks like Ethylene Glycol and Terephthalic Acid, linked to Crude Oil increases.

Compounding this, Alpek Polyester UK Ltd. declared force majeure in February following a technical breakdown at its 220,000-tonne Wilton plant, exacerbated by raw material shortages from a Red Sea shipping crisis, impacting supply and further driving prices.

India polyethylene terephthalate (pet) Price Trend, Analysis and Forecast

polyethylene terephthalate (PET) Price Trend Analysis: Q1 2025

In Q1 2025, PET bottle grade resin prices in India were recorded at USD 1213/MT, reflecting a marginal decline of 0.1% compared to the previous quarter. The minor softening was mainly due to the seasonal slowdown, as cooler weather reduced consumption of bottled beverages.

Many converters focused on destocking after building inventories during the festive and peak seasons. Despite the slight decline, the market remained largely balanced, indicating healthy fundamentals in terms of supply and demand.

polyethylene terephthalate (PET) Price Trend Analysis: Q2 2025

According to the PriceWatch, the Indian PET market experienced a sharp decline during Q2, 2025, with prices falling by 8.6%. In particular, the PET Bottle Grade Resin market in Baddi saw a decrease, with the average price for the quarter recorded at USD 1098 per metric ton.

This price drop was primarily driven by a reduction in feedstock costs, as PTA and MEG prices decreased by 4% and 7%, respectively, during the same period. The lower production costs resulting from these feedstock price reductions further contributed to the decline.

Additionally, major manufacturers faced ample availability of PET products in the market, leading to inventory buildup. In order to reduce inventory pressure, traders and suppliers lowered their prices. The decrease in demand from key sectors like beverage and packaging further pressured prices.

polyethylene terephthalate (PET) Price Trend Analysis: Q1 2024

In Q1 2024, PET bottle grade resin prices were recorded at USD 1114/MT, representing a 4.1% decline compared to the previous quarter. Weaker post-festival demand, combined with higher inventory levels at the converter level, weighed down on prices.

Additionally, softer feedstock prices and muted export interest added to the downward pressure. Market sentiment remained cautious as buyers delayed purchases in anticipation of better seasonal demand in the coming months.

polyethylene terephthalate (PET) Price Trend Analysis: Q2 2024

In Q2 2024, PET bottle grade resin prices moved up to USD 1152/MT, registering a 3.4% quarter-on-quarter rise. The beginning of the Indian summer season led to a surge in demand for bottled beverages and packaged water, boosting consumption of PET resin.

Export opportunities improved slightly, and steady upstream feedstock costs also contributed to the firming market sentiment. Indian producers benefited from strong offtake, tightening the supply-demand balance during this period.

polyethylene terephthalate (PET) Price Trend Analysis: Q3 2024

In Q3 2024, PET bottle grade resin prices in India rose to USD 1204/MT, showing a 4.5% increase compared to Q2. Strong demand from the bottled water and beverage sectors continued during the early monsoon period, supported by resilient travel and hospitality activities.

Additionally, logistical challenges during the monsoon season contributed slightly to higher overall costs, further sustaining the upward pressure on resin prices. Feedstock prices remained stable, providing cost support for resin manufacturers.

polyethylene terephthalate (PET) Price Trend Analysis: Q4 2024

In Q4 2024, Polyethylene Terephthalate (PET) bottle grade resin prices stood at USD 1214/MT, marking a slight increase of 0.8% over the previous quarter. Demand normalized after the summer and festive season peaks, but overall market activity remained steady. Stable feedstock prices and controlled production levels from domestic manufacturers helped maintain a balanced pricing environment. Buyers remained cautious, but stable consumption trends supported a marginal upward movement in resin prices.

Global polyethylene terephthalate (pet) Supply Chain

Upstream
Downstream
  • Water Bottles, Carbonated Soft Drink Bottles (CSD), Juice and Beverage Bottles, Edible Oil Bottles
  • Food and Beverage Packaging
Major supplying countries
  • Netherlands
  • South Korea
  • China
Major importing countries
  • Belgium
  • United Kingdom
  • France
  • USA
  • India

India polyethylene terephthalate (pet) Supply Chain

Upstream
  • Ethylene Terephthalate
  • Pure Terephthalic Acid (PTA)
  • Monoethylene Glycol (MEG)
  • Ethylene
Downstream
  • Water Bottles, Carbonated Soft Drink Bottles (CSD), Juice and Beverage Bottles, Edible Oil Bottles
  • Food and Beverage Packaging
Major supplying countries
  • Netherlands
  • South Korea
  • China
Major importing countries
  • Belgium
  • United Kingdom
  • France
  • USA
  • India

Technical Specifications of Polyethylene Terephthalate (pet) Price Trends

Molecular Weight[g/mol]

20,000–40,000 g/mol

CAS No

25038-59-9

HS Code

390760

Molecular Formula

(C₁₀H₈O₄)ₙ
polyethylene terephthalate (pet)

Polyethylene Terephthalate (PET) is a strong, lightweight, and recyclable polymer known for its clarity, toughness, and resistance to moisture and chemicals. As a widely used material, PET is commonly found in applications like beverage bottles, food containers, and packaging films, where it serves as an effective barrier to gases and liquids, preserving product quality. Its durability and formability also make it ideal for textiles, where it’s spun into fibres for clothing and carpeting. With excellent thermal stability, PET can be moulded, extruded, and thermoformed, making it versatile for various industries. Additionally, its high recyclability contributes to sustainable production practices, making PET an eco-friendly choice in packaging and consumer goods.

Packaging Type

1150 Kg Bag, 1000 Kg Bag

Polyethylene Terephthalate (pet) Grades Covered

Bottle Grade Resin, High IV Super Bright (Textile Grade)

Incoterms Used

CIF Houston (South Korea), FOB Shanghai, Ex-Baddi, FOB Busan, FD Le Havre, FD Immingham, FD Hamburg, FD Amsterdam

Synonym

PET, Poly(ethylene terephthalate)

PriceWatch Quotation Terms:

25-28 MT, 20-25 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Bottle Grade Resin 
Intrinsic Viscosity (IV)  0.80 ± 0.02 dl/g 
Acetaldehyde (AA)  1.0 ppm Max 
Chips /g  68 ± 5  
Fines  100 ppm Max 
Melting Temperature  240-265⁰C 
   

 

Property  High IV Super Bright (Textile Grade) 
Intrinsic Viscosity (IV)  1.0 ± 0.1 dl/g 
Weight/100PC  1.9 ± 0.3g 
Melting point  261 ± 2⁰C 

Polyethylene Terephthalate (pet) Industrial Applications

Polyethylene Terephthalate (PET) is a versatile polymer known for its clarity, strength, and safety in food contact. It’s commonly used in the beverage industry for lightweight, shatter-resistant bottles, and in food packaging to maintain visibility and safety. PET’s durability and chemical resistance make it suitable for films used in electronics and credit cards. In textiles, PET is spun into fibres for fabrics used in apparel, home furnishings, and industrial applications. Additionally, its recyclability into new products promotes sustainability. High IV Super Bright (Textile Grade) fibres, known for their strength and brightness, are widely used in textiles, including apparel, upholstery, and industrial fabrics. They also enhance tire performance by providing durability and resistance to wear, tear, and high temperatures, extending tire life and safety.

PET Market Share End-Use

Historically, several events have caused significant fluctuations in Polyethylene Terephthalate (pet) prices

  • Red Sea Crisis (2024): Port congestion and freight rate surges impacted PET supply and transportation costs globally.
  • COVID-19 Pandemic (2020-2022): Plant shutdowns, labour shortages, and supply chain disruptions led to fluctuating demand and prices for PET.
  • S.-China Trade War (2018): Increased tariffs affected PET supply chains, leading to cost instability, especially for U.S. importers.
  • Hurricane Harvey (2017): Major U.S. refineries and chemical plants shut down, impacting global ethylene and PET prices.
  • Crude Oil Price Collapse (2015): A sharp decline in oil prices led to reduced production costs for PET but also volatility in pricing.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global polyethylene terephthalate (pet) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the polyethylene terephthalate (pet) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence polyethylene terephthalate (pet) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely polyethylene terephthalate (pet) market data.

Track PriceWatch's polyethylene terephthalate (pet) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major PET production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire PET supply chain, from raw material availability (e.g., PTA, MEG, and EG) to production and distribution channels. This includes monitoring feedstock PTA, MEG, and EG prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact PET prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on PET production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., construction, packaging), to predict shifts in PET demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global PET production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming PET production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global PET pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast PET prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable PET pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Molecular Weight[g/mol]

20,000–40,000 g/mol

CAS No

25038-59-9

HS Code

390760

Molecular Formula

(C₁₀H₈O₄)ₙ
polyethylene terephthalate (pet)

Polyethylene Terephthalate (PET) is a strong, lightweight, and recyclable polymer known for its clarity, toughness, and resistance to moisture and chemicals. As a widely used material, PET is commonly found in applications like beverage bottles, food containers, and packaging films, where it serves as an effective barrier to gases and liquids, preserving product quality. Its durability and formability also make it ideal for textiles, where it’s spun into fibres for clothing and carpeting. With excellent thermal stability, PET can be moulded, extruded, and thermoformed, making it versatile for various industries. Additionally, its high recyclability contributes to sustainable production practices, making PET an eco-friendly choice in packaging and consumer goods.

Packaging Type

1150 Kg Bag, 1000 Kg Bag

Grades Covered

Bottle Grade Resin, High IV Super Bright (Textile Grade)

Incoterms Used

CIF Houston (South Korea), FOB Shanghai, Ex-Baddi, FOB Busan, FD Le Havre, FD Immingham, FD Hamburg, FD Amsterdam

Synonym

PET, Poly(ethylene terephthalate)

PriceWatch Quotation Terms:

25-28 MT, 20-25 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Bottle Grade Resin 
Intrinsic Viscosity (IV)  0.80 ± 0.02 dl/g 
Acetaldehyde (AA)  1.0 ppm Max 
Chips /g  68 ± 5  
Fines  100 ppm Max 
Melting Temperature  240-265⁰C 
   

 

Property  High IV Super Bright (Textile Grade) 
Intrinsic Viscosity (IV)  1.0 ± 0.1 dl/g 
Weight/100PC  1.9 ± 0.3g 
Melting point  261 ± 2⁰C 

Applications

Polyethylene Terephthalate (PET) is a versatile polymer known for its clarity, strength, and safety in food contact. It’s commonly used in the beverage industry for lightweight, shatter-resistant bottles, and in food packaging to maintain visibility and safety. PET’s durability and chemical resistance make it suitable for films used in electronics and credit cards. In textiles, PET is spun into fibres for fabrics used in apparel, home furnishings, and industrial applications. Additionally, its recyclability into new products promotes sustainability. High IV Super Bright (Textile Grade) fibres, known for their strength and brightness, are widely used in textiles, including apparel, upholstery, and industrial fabrics. They also enhance tire performance by providing durability and resistance to wear, tear, and high temperatures, extending tire life and safety.

PET Market Share End-Use

Polyethylene Terephthalate (pet) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for polyethylene terephthalate (pet). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

PET prices are primarily influenced by the cost of Ethylene, derived from Crude Oil and Naphtha. Other key factors include supply and demand dynamics, with increased demand from industries like packaging and construction driving prices up, while oversupply reduces them. Logistics issues, such as shipping disruptions or high freight rates, and regional market conditions, including economic growth and local regulations, also play a role in PET pricing.

Procurement managers can secure the best PET prices by monitoring global market trends, locking in long-term contracts to mitigate price volatility, and buying in bulk to negotiate better rates. Diversifying suppliers across different regions can also provide leverage and reduce risk, ensuring more competitive pricing.

Global events like geopolitical tensions, natural disasters, and economic shifts can significantly impact PET prices. Rising crude oil prices, supply chain disruptions, or reduced demand from economic slowdowns can drive prices up or down, making it essential for procurement managers to stay informed and anticipate market shifts.