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

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nlNetherlands
gbUnited Kingdom
frFrance
cnChina
inIndia
krSouth Korea
deGermany
twTaiwan
idIndonesia
phPhilippines

Global polyethylene terephthalate (pet) Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Polyethylene Terephthalate (PET) across top trading regions:

Polyethylene Terephthalate (PET)
Regional Coverage   
Polyethylene Terephthalate (PET) Grade and Country Coverage    Polyethylene Terephthalate (PET) PricingData CoverageExplanation   
   

   

   

   

  

 

   

AsiaPolyethylene Terephthalate (PET)Pricing Analysis   

 

 

 

 

Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FOB at Shanghai port, China  Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Export Prices from Shanghai port, Chinato Global Markets   
Polyethylene Terephthalate (PET) High IV Super Bright (Textile Grade) (IV: <0.9) FOB at Shanghai port, China  Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Export Prices from Shanghai port, Chinato Global Markets   
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FOB at Kaohsiung port, Taiwan    Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Export Prices from Kaohsiung port, Taiwan Global Markets   
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FOB at Busan port, South Korea   Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Export Prices from Busan port, South Korea Global Markets   
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) Ex-Baddi Domestic Prices, India  Real-Time Weekly Price Update of Polyethylene Terephthalate (PET)Domestic Prices in Baddi, India 
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Prices at Jakarta port, Indonesia Importing from China  Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Import Prices at Jakarta port, Indonesia from China  
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Prices at Manila port, Philippines Importing from China  Weekly Price Update on Polycarbonate (PC) Real-Time Import Prices at Manila port, Philippines from China  
EuropePolyethylene Terephthalate (PET)Pricing Analysis    Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FD prices at Amsterdam, Netherlands  Weekly Price Update onPolyethylene Terephthalate (PET)Real-Time Export Prices from Amsterdam, Netherlands to European markets 
Polyethylene Terephthalate (PET Bottle Grade Resin (IV: 0.800 ± 0.02) FD prices at Hamburg, Germany  Weekly Price Update onPolyethylene Terephthalate (PET)Real-Time Export Prices Hamburg, Germany to European markets 
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FD prices at Immingham, United Kingdom  Weekly Price Update onPolyethylene Terephthalate (PET)Real-Time Export Prices from Immingham, United Kingdom to European markets 
Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) FD prices at Le Havre, France  Weekly Price Update onPolyethylene Terephthalate (PET)Real-Time Export Prices from Le Havre, France to European markets 
North America Polyethylene Terephthalate (PET)Pricing Analysis    Polyethylene Terephthalate (PET) Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Prices at Houston port, USA Importing from South Korea  Weekly Price Update on Polyethylene Terephthalate (PET) Real-Time Import Prices at Houston port, USA from South Korea  

 

Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Polyethylene Terephthalate (PET) Price Trend Q1 2026

In the first quarter (Q1) of 2026, the global polyethylene terephthalate (PET) industry has seen a strong increase in global PET pricing as a result of higher feedstock costs and reduced supply availability throughout major global regions.

The price of paraxylene (PX), purified terephthalic acid (PTA), and monoethylene glycol (MEG), the three upstream raw materials that make up PET, has all increased substantially because of volatile crude oil prices and disruptions to the supply chain associated with the conflict between the United States and Iran, and the partial blockade of the Strait of Hormuz, both of which have greatly restricted global supply of petrochemicals and other feedstock products originating from the Middle East.

Also, there has been a surge in demand from the beverage and packaging industries due to increasing summertime stocking requirements, and these events combined with reduced supply availability, have resulted in a rapid increase in global PET pricing. By March 2026, aggressive procurement activity along with limited inventories has caused monthly pricing to sharp highs on dollar basis.

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

In Q1 2026, Polyethylene Terephthalate (PET) prices in the Netherlands have increased by 12.43%, driven by rising feedstock PTA and MEG costs along with tightening regional supply conditions. Higher crude oil prices have pushed paraxylene values upward, increasing production costs across European manufacturers. Additionally, reduced imports from the Middle East due to geopolitical tensions and disruptions in the Strait of Hormuz have constrained supply availability in the region.

Demand from beverage and packaging sectors has improved steadily, supporting market sentiment. This has been reflected in PET prices in the Netherlands and the strengthening PET price trend in the Netherlands, indicating firm market fundamentals.

Similarly, in the last month of the quarter, In March 2026, PET prices in the Netherlands have surged by 23.64%, driven by aggressive restocking and tight supply conditions.

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

In Q1 2026, PET prices in Germany have increased by 12.18%, supported by rising feedstock costs and constrained supply availability across the region. Prices of PTA and MEG have increased due to higher crude oil and PX values, raising production costs for manufacturers. Import availability has also tightened due to reduced Middle Eastern shipments amid geopolitical disruptions.

Demand from packaging and bottled beverage sectors has improved, particularly ahead of seasonal consumption peaks. This has been reflected in PET prices in Germany and the firm PET price trend in Germany, indicating tightening market conditions.

Similarly, in the last month of the quarter, In March 2026, PET prices in Germany have surged by 23.19%, driven by supply shortages and strong procurement activity.

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

In Q1 2026, PET prices in the United Kingdom have increased by 11.94%, driven by rising upstream costs and tightening supply conditions. Feedstock prices for PTA and MEG have increased due to strong crude oil and paraxylene markets, while import flows have been impacted by disruptions in Middle Eastern supply chains.

Domestic availability has remained limited, further supporting price increases. Demand from beverage and packaging sectors has improved steadily, particularly with seasonal demand buildup.

This has been reflected in PET prices in the United Kingdom and the strengthening PET price trend in the United Kingdom, indicating a firm market environment.

Similarly, in the last month of the quarter, In March 2026, PET prices in the United Kingdom have surged by 22.75%, driven by supply tightness and increased buying activity.

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

In Q1 2026, PET prices in France have increased by 12.12%, supported by higher feedstock costs and tightening supply availability. Rising crude oil prices have pushed up PX, PTA, and MEG values, increasing overall production costs. Import constraints due to geopolitical disruptions have further reduced supply availability in the region.

Demand from beverage and packaging industries has improved, contributing to stronger market sentiment. This has been reflected in PET prices in France and the firm PET price trend in France, indicating tightening supply-demand dynamics.

Similarly, in the last month of the quarter, In March 2026, PET prices in France have surged by 23.08%, driven by aggressive restocking and limited inventories.

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

In Q1 2026, PET prices in South Korea have increased by 17.57%, driven by strong export demand and rising feedstock costs. Tight global supply conditions, particularly due to reduced Middle Eastern availability, have increased demand for Asian exports. Feedstock PX, PTA, and MEG prices have risen significantly due to higher crude oil values, supporting production costs.

Export demand from Southeast Asia has improved, further strengthening the market. This has been reflected in PET prices in South Korea and the strengthening PET price trend in South Korea, indicating firm export conditions.

Similarly, in the last month of the quarter, In March 2026, PET prices in South Korea have surged by 26.69%, driven by tight supply and strong demand.

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

In Q1 2026, Polyethylene Terephthalate prices in India have increased by 17.19%, driven by strong demand from beverage and packaging sectors along with tightening supply conditions. Reduced imports from the Middle East due to the US-Iran conflict and Hormuz disruptions have constrained supply availability.

Feedstock PTA and MEG prices have increased due to higher crude oil and PX costs, raising production expenses. Seasonal demand for bottled beverages has further supported the market. This has been reflected in PET prices in India and the firm PET price trend in India, indicating strong fundamentals. Similarly, in the last month of the quarter, In March 2026, PET prices in India have surged by 33.42%, driven by strong demand and supply shortages.

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

In Q1 2026, PET prices in China have increased by 19.85%, supported by rising feedstock costs and improved export demand. Prices of PTA and MEG have increased due to strong PX and crude oil markets, raising production costs. Reduced Middle Eastern supply has increased reliance on Chinese exports, further tightening availability.

Domestic demand has also improved moderately. This has been reflected in PET prices in China and the strengthening PET price trend in China, indicating firm market conditions. Similarly, in the last month of the quarter, In March 2026, PET prices in China have surged by 27.70%, driven by strong demand and constrained supply.

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

In Q1 2026, Polyethylene Terephthalate (PET) prices in the USA have increased by 14.55%, supported by rising import costs and strong domestic demand. Reduced global supply availability due to geopolitical disruptions has increased reliance on Asian imports. Rising feedstock costs have elevated pricing levels, while demand from beverage packaging has remained strong.

This has been reflected in PET prices in the USA and the strengthening PET price trend in the USA, indicating firm market conditions. Similarly, in the last month of the quarter, In March 2026, PET prices in the USA have surged by 23.95%, driven by supply tightness and increased procurement activity.

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

In Q1 2026, PET prices in Taiwan have increased by 15.84%, supported by strong export demand and rising feedstock costs. Tight global supply conditions have increased demand for Taiwanese cargoes, while higher PX, PTA, and MEG prices have supported production costs.

This has been reflected in PET prices in Taiwan and the firm PET price trend in Taiwan, indicating strong export conditions. Similarly, in the last month of the quarter, In March 2026, PET prices in Taiwan have surged by 25.89%, driven by strong demand and supply constraints.

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

In Q1 2026, PET prices in Indonesia have increased by 18.46%, driven by strong demand and tightening import supply. Reduced availability from the Middle East and rising feedstock costs have supported the market. Freight costs and logistical delays have further impacted supply.

This has been reflected in PET prices in Indonesia and the strengthening PET price trend in Indonesia, indicating tight supply conditions. Similarly, in the last month of the quarter, In March 2026, PET prices in Indonesia have surged by 26.61%, driven by strong procurement and limited availability.

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

According to Price-Watch™, in Q1 2026, Philippines has witnessed a 17.45% increase in PET pricing due to strong demand and reduced global supplies of imported PET. Higher feedstock costs, as well as fewer supplies available from suppliers, have also supported pricing in the PET market overall.

This can be seen in both how PET prices are moving higher now in the Philippines as well as the trend of overall price increases for PET in the Philippines – both of which are supporting strong fundamentals for this market going forward. Likewise, in the last month of this quarter (March 2026), PET pricing in the Philippines rose by 26.43% due to the same factors, increasing demand coupled with supply chain constraints.

Polyethylene Terephthalate (PET) Price Trend Analysis: 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.

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.

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.

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.

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.

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: 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.

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.

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.

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.

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.

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.

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.

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.

Technical Specifications of Polyethylene Terephthalate (pet) Price Trends

Product Description

Polyethylene Terephthalate (PET) is a thermoplastic polymer resin of the polyester family, synthesized through the polymerization of ethylene glycol and terephthalic acid (or dimethyl terephthalate). It is widely known for its excellent strength-to-weight ratio, chemical resistance, and clarity. PET offers superior stiffness, dimensional stability, and gas barrier properties, making it ideal for packaging and industrial applications. It exhibits high mechanical strength, good thermal stability, and resistance to moisture and chemicals. Due to its recyclability, cost-effectiveness, and versatility, PET has become one of the most commonly used polymers globally.

Identifiers and Classification:

  • CAS No – 25038-59-9
  • HS Code – 39076100
  • Molecular Formula – (C₁₀H₈O₄)ₙ
  • Molecular Weight[g/mol] – 192.16


PET Synonyms:

  • PET
  • Dacron
  • Poly(ethylene terephthalate)
  • Polyethylene glycol terephthalate
  • Ethylene terephthalate polymer
  • Polyester resin


Polyethylene Terephthalate (PET) Grades Specific Price Assessment:

  • Bottle Grade Resin (IV: 0.800 ± 0.02)
  • High IV Super Bright (Textile Grade) (IV: <0.9)


Polyethylene Terephthalate (PET) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT, 20-25 MT
  • Packaging Type (Product & Country Specific): 1150 Kg Bag, 1000 Kg Bag


Incoterms Referenced in PET Price Reporting

Shipping Term  Location  Definition 
FD Amsterdam  Amsterdam, Netherlands  Domestically traded PET price in the Netherlands 
FD Hamburg  Hamburg, Germany  Domestically traded PET price in Germany 
FD Immingham  Immingham, United Kingdom  Domestically traded PET price in the United Kingdom 
FD Le Havre  Le Havre, France  Domestically traded PET price in France 
FOB Busan  Busan, South Korea  PET export price from South Korea 
Ex-Baddi  Baddi, Himachal Pradesh, India  Domestically traded PET price in Baddi, India 
FOB Shanghai  Shanghai, China  PET export price from China 
CIF Houston (South Korea)  Houston, USA  PET import price in the USA from South Korea 
FOB Shanghai  Shanghai, China  PET export price from China 

*Quotation Terms refers to the quantity range specified for the PET being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for PET packing, ease of handling, transportation, and storage in industrial and commercial applications.

Polyethylene Terephthalate (PET) Manufacturers and their brands

Brand Name  Manufacturer 
Relpet®  Reliance 
ASPET/ RAMAPET  Indorama 
FlexPET  UFLEX 
Jade  Lihao Chemicals 
SKYPET  SK Chemicals 
PET COOL  LOTTE CHEMICAL 
NA  Sanfangxiang Group Co., Ltd 
NA  Guangdong IVL PET Polymer 
NA  Sinopec Yizheng Chemical Fibre Company Limited 
NA  Alpek Polyester 
NOVAPET® (with product family “SPRIT”)  Novapet 
BISNEINEX™ and LIGHTER™  Equipolymers 
NA  WANKAI 

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 Price Watch™?

Price Watch™ 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, Price Watch™ keeps you fully informed of market dynamics.

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

Track Price Watch'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.

Polyethylene Terephthalate (pet) Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

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.

PET (Polyethylene Terephthalate) is a widely used thermoplastic polymer commonly used in beverage bottles, food packaging, and polyester fibers. Its price impacts production costs across packaging and textile industries. Price-Watch™ tracks PET prices to help businesses stay informed about market movements and cost trends.

PET prices fluctuate based on region, grade, and market conditions, influenced by feedstock costs (such as purified terephthalic acid (PTA) and monoethylene glycol (MEG)), freight rates, and demand from packaging and textile industries. Prices are typically quoted per metric ton and vary with supply-demand balance. Price-Watch™ provides up-to-date price assessments across key global markets.

PET prices are influenced by PTA and MEG feedstock costs, demand from beverage packaging and textile sectors, and production levels. Global supply-demand dynamics, feedstock price fluctuations, and seasonal demand (especially beverage consumption) play key roles. Recent trends show price variations depending on raw material costs and market recovery.

Major consumers of PET include the beverage packaging industry, food packaging sector, and textile industry. Bottled beverages account for the largest share, followed by polyester fiber demand for clothing and industrial textiles. Price-Watch™ tracks consumption trends across these sectors.

PET is produced in petrochemical plants through the polymerization of purified terephthalic acid (PTA) and monoethylene glycol (MEG). It is then processed into resin or fibers for use in bottles, packaging, and textiles.

Major exporters of PET include countries such as China, South Korea, India, and the United States. Export volumes vary depending on production capacity, feedstock availability, domestic demand, and pricing competitiveness in the international market. Price-Watch™ monitors global trade flows and supply availability.

Overall supply is generally adequate; however, temporary tightness may arise due to feedstock constraints, plant shutdowns, logistics disruptions, or seasonal demand spikes, particularly in beverage packaging. Price-Watch™ closely tracks supply-demand balances to highlight potential shortages or oversupply situations.

PET is available in multiple grades such as bottle grade, film grade, and fiber grade. Prices vary based on intrinsic viscosity (IV), clarity, processing requirements, performance characteristics, and specific end-use applications. Price-Watch™ provides grade-wise price assessments for better market clarity.

When demand rises sharply, often driven by increased beverage consumption or textile demand, prices tend to increase, lead times may extend, and buyers may experience limited spot availability in the market. Price-Watch™ captures these shifts in real time.

PTA and MEG are the primary raw materials for PET. Any increase in their prices directly raises production costs, which manufacturers may pass on to buyers. Price-Watch™ analyses feedstock-PET price correlations to explain cost movements.

Regional prices vary due to local availability, production capacity, energy costs, freight rates, import duties, and domestic demand levels. Price-Watch™ tracks regional differentials to highlight pricing gaps across markets.

The PET price outlook depends on trends in key feedstocks such as PTA and MEG, demand from beverage and textile industries, capacity expansions, and overall global economic conditions. Price-Watch™ publishes regular forecasts projecting price direction over the next 12 months.

Yes. Reliable forecasts help buyers plan procurement, manage inventory, negotiate contracts, and control production costs. Price-Watch™ forecasts support smarter purchasing and budgeting decisions.

Events such as trade policy changes, shipping disruptions, energy price volatility, or geopolitical tensions can affect the availability of PTA and MEG, alter production rates, and disrupt global trade flows, leading to fluctuations in PET prices. Price-Watch™ provides timely updates on such market-moving events.

Price-Watch™ gathers data from producers, converters, traders, and buyers to publish transparent PET price assessments, market reports, and forecasts, helping stakeholders stay ahead of market trends.