Polyethylene Terephthalate (PET) Price Trend and Forecast

Polyethylene Terephthalate (PET) Price Trend 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 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 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 Polyethylene Terephthalate (PET) 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 Polyethylene Terephthalate (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 Polyethylene Terephthalate (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 Polyethylene Terephthalate (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 Polyethylene Terephthalate (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 Polyethylene Terephthalate (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 Polyethylene Terephthalate (PET) prices FD Le Havre, France, Grade – Bottle Grade Resin (IV: 0.800 ± 0.02).

In Q3 2025, Polyethylene Terephthalate (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: Polyethylene Terephthalate (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 Polyethylene Terephthalate (PET) prices Ex-Baddi, India, Grade: Bottle Grade Resin (IV: 0.800 ± 0.02).

According to the Price-Watch™, in Q3 2025, Polyethylene Terephthalate (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 Polyethylene Terephthalate (PET) 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 Q4 2025

The global PET market has experienced a consistent bearish trend during Q4 2025, driven by subdued demand and sufficient supply availability across major regions. Downstream sectors such as bottled beverages, food packaging, and consumer goods have shown slower consumption patterns, particularly in Europe and Asia.

Producers have maintained stable operating rates, resulting in comfortable inventory levels in the market. Feedstock prices for paraxylene (PX), purified terephthalic acid (PTA), and monoethylene glycol (MEG) have remained relatively soft due to stable crude oil trends, which has limited cost-side support.

Additionally, steady global trade flows have ensured uninterrupted supply across importing regions. However, towards the end of the quarter, slight recovery has been observed due to year-end restocking and temporary plant shutdowns tightening availability.

Netherlands: PET Domestically Traded prices FD Amsterdam, Netherlands; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in the Netherlands have declined by 10.5%, primarily due to weak downstream demand from beverage and packaging sectors and sufficient supply availability across the European market.

Producers have maintained stable production rates, while imports have remained consistent, resulting in inventory accumulation. Feedstock PX, PTA, and MEG prices have remained soft amid stable crude oil trends, limiting cost support for producers.

Additionally, sluggish economic activity in Europe has reduced procurement interest. This has been reflected in PET prices in the Netherlands and the broader PET price trend in the Netherlands, indicating oversupply conditions.

However, in the last month of the quarter, In December 2025, PET prices in the Netherlands have increased by 2.1%, supported by restocking demand and slight supply tightening due to maintenance shutdowns.

Germany: PET Domestically Traded prices FD Hamburg, Germany; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in Germany have declined by 10.3%, driven by subdued demand from packaging and beverage industries alongside sufficient supply availability. Market participants have maintained cautious purchasing strategies due to adequate inventory levels and limited consumption growth.

Feedstock costs for PTA and MEG have remained stable to soft, influenced by steady PX and crude oil prices. Additionally, continuous import flows have ensured comfortable supply across the region.

This has been reflected in PET prices in Germany and the prevailing PET price trend in Germany, indicating weak market sentiment. However, in the last month of the quarter, In December 2025, PET prices in Germany have increased by 2.0%, supported by year-end restocking and temporary production constraints.

United Kingdom: PET Domestically Traded prices FD Immingham, UK; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in the United Kingdom have declined by 10.1%, primarily due to weak demand from beverage and packaging sectors and sufficient supply levels in the domestic market. Imports have remained steady, while local inventories have been adequate to meet consumption requirements.

Feedstock PX, PTA, and MEG prices have remained stable, with crude oil trends providing limited cost push. Economic uncertainty has further impacted buying sentiment, leading to cautious procurement behavior. This has been reflected in PET prices in the United Kingdom and the broader PET price trend in the United Kingdom, indicating subdued conditions.

However, in the last month of the quarter, In December 2025, PET prices in the United Kingdom have increased by 2.0%, driven by restocking demand and marginal supply tightening.

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

During Q4 2025, PET prices in France have declined by 10.2%, driven by weak downstream demand and sufficient supply availability in the regional market. Beverage and packaging sectors have shown limited growth, while producers have maintained steady operating rates, leading to inventory build-up.

Feedstock costs have remained soft due to stable PX, PTA, and MEG pricing, supported by rangebound crude oil trends. This has been reflected in PET prices in France and the prevailing PET price trend in France, indicating oversupply conditions.

However, in the last month of the quarter, In December 2025, PET prices in France have increased by 2.0%, supported by restocking activity and temporary supply tightening.

South Korea: PET Export prices FOB Busan, South Korea; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in South Korea have declined by 4.3%, primarily due to moderate export demand and sufficient regional supply availability. Asian markets have shown balanced demand conditions, while producers have maintained stable production rates. Feedstock PX, PTA, and MEG prices have remained relatively stable, supported by rangebound crude oil prices.

Export opportunities have remained steady but not strong enough to support prices. This has been reflected in PET prices in South Korea and the broader PET price trend in South Korea, indicating balanced market conditions.

Similarly, in the last month of the quarter, In December 2025, PET prices in South Korea have increased slightly by 0.8%, supported by improved export demand and restocking activity.

India: PET Domestically Traded prices Ex-Baddi, India; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in India have declined by 7.4%, driven by moderate demand and sufficient domestic supply availability. The beverage and packaging sectors have shown stable but limited growth, while inventory levels have remained adequate.

Feedstock costs for PTA and MEG have remained stable due to rangebound crude oil prices, limiting cost-side support. Imports have also remained steady, ensuring supply adequacy. This has been reflected in PET prices in India and the broader PET price trend in India, indicating balanced market conditions.

Similarly, in the last month of the quarter, In December 2025, PET prices in India have increased by 1.4%, supported by restocking demand and slight supply tightening.

China: PET Export prices FOB Shanghai, China; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in China have declined by 2.2%, primarily due to sufficient domestic supply and moderate demand conditions. High operating rates among producers have ensured adequate availability, while export demand has remained stable.

Feedstock PX, PTA, and MEG prices have remained relatively stable, supported by steady crude oil trends. This has been reflected in PET prices in China and the prevailing PET price trend in China, indicating balanced-to-oversupplied conditions.

Similarly, in the last month of the quarter, In December 2025, PET prices in China have increased by 1.5%, driven by improved demand and restocking activity.

USA: PET Import prices CIF Houston, USA from South Korea; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in the USA have declined by 5.9%, driven by sufficient import supply and moderate domestic demand. Availability from Asian suppliers has remained steady, ensuring comfortable inventory levels. Feedstock costs have remained stable, supported by rangebound crude oil trends.

Demand from beverage packaging has remained steady but not strong enough to support prices. This has been reflected in PET prices in the USA and the broader PET price trend in the USA, indicating balanced market conditions.

However, in the last month of the quarter, In December 2025, PET prices in the USA have declined by 4.4%, due to continued weak demand and sufficient supply.

Taiwan: PET Export prices FOB Kaohsiung, Taiwan; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in Taiwan have declined by 1.6%, primarily due to balanced regional demand and sufficient export supply availability. Producers have maintained stable operating rates, ensuring consistent cargo availability for export markets across Southeast Asia.

Feedstock costs for PX, PTA, and MEG have remained relatively stable, supported by rangebound crude oil prices, which has limited cost-side pressure on pricing. Export demand has remained moderate, with buyers adopting cautious procurement strategies due to adequate inventories.

This has been reflected in PET prices in Taiwan and the broader PET price trend in Taiwan, indicating stable-to-soft market conditions. Similarly, in the last month of the quarter, In December 2025, PET prices in Taiwan have increased by 1.3%, driven by restocking demand and slight improvement in export inquiries.

Indonesia: PET Import prices CIF Jakarta, Indonesia from China; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in Indonesia have declined by 2.3%, driven by moderate downstream demand and sufficient import supply from China and other Asian exporters. Beverage and packaging sectors have shown steady but limited growth, while buyers have maintained cautious purchasing behavior due to comfortable inventory levels.

Feedstock costs have remained stable, supported by steady PX, PTA, and MEG pricing, which has limited fluctuations in import prices. Additionally, consistent cargo arrivals have ensured supply adequacy in the domestic market.

This has been reflected in PET prices in Indonesia and the prevailing PET price trend in Indonesia, indicating balanced market conditions. Similarly, in the last month of the quarter, In December 2025, PET prices in Indonesia have increased by 1.4%, supported by restocking activity and slight tightening in supply.

Philippines: PET Import prices CIF Manila, Philippines from China; Grade – Bottle Grade Resin (IV: 0.800 ± 0.02)

During Q4 2025, PET prices in the Philippines have declined by 2.1%, primarily due to moderate demand and sufficient import availability from China and regional suppliers. Demand from beverage and packaging industries has remained stable but without significant growth, while buyers have maintained cautious procurement strategies amid adequate inventory levels.

Feedstock PX, PTA, and MEG prices have remained relatively stable, supported by rangebound crude oil trends, limiting cost-side fluctuations. This has been reflected in PET prices in the Philippines and the broader PET price trend in the Philippines, indicating balanced-to-oversupplied conditions.

Similarly, in the last month of the quarter, In December 2025, PET prices in the Philippines have increased by 1.5%, driven by improved demand and year-end restocking activity.