Polyethylene Terephthalate (PET) Price Trend and Forecast

Name: Polyethylene Terephthalate (PET) Price Trend, Analysis and Forecast
Creator: Price Watch
Published: 2025-01-14
License: https://www.price-watch.ai/terms-conditions/

UNSPC code: 13111039

⟳ Weekly Update

Historical Data Since 2015

Forecast for 2026

polyethylene terephthalate (pet) Price Trends by Country

United States

Netherlands

United Kingdom

France

China

India

South Korea

Germany

Taiwan

Indonesia

Philippines

Mexico

Brazil

Peru

United Arab Emirates

Japan

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:

PET Regional Coverage	PET Grade and Country Coverage	PET Pricing Data Coverage Explanation
North America PET Pricing Analysis	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Houston, USA. Importing from South Korea	Weekly Price Update on PET Real-Time Import Prices at Houston, USA, from South Korea
	IV 0.75 – 0.80 ±0.015 CIF Manzanillo, Mexico. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Manzanillo, Mexico, from China
	IV 0.85–0.88 ±0.015 CIF Manzanillo, Mexico. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Manzanillo, Mexico, from China
	IV 0.64–0.65 ±0.015 CIF Manzanillo, Mexico. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Manzanillo, Mexico, from China
	IV 0.82-0.83 ±0.015 CIF Manzanillo, Mexico. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Manzanillo, Mexico, from China
South America PET Pricing Analysis	IV 0.75 – 0.80 ±0.015 CIF Santos, Brazil. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Santos, Brazil, from China
	IV 0.85–0.88 ±0.015 CIF Santos, Brazil. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Santos, Brazil, from China
	IV 0.64–0.65 ±0.015 CIF Santos, Brazil. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Santos, Brazil, from China
	IV 0.82-0.83 ±0.015 CIF Santos, Brazil. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Santos, Brazil, from China
	IV 0.75 – 0.80 ±0.015 CIF Port of Callao, Peru. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Port of Callao, Peru, from China
	IV 0.85–0.88 ±0.015 CIF Port of Callao, Peru. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Port of Callao, Peru, from China
	IV 0.64–0.65 ±0.015 CIF Port of Callao, Peru. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Port of Callao, Peru, from China
	IV 0.82-0.83 ±0.015 CIF Port of Callao, Peru. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Port of Callao, Peru, from China
Europe PET Pricing Analysis	Bottle Grade Resin (IV: 0.800 ± 0.02) Domestically Traded, Amsterdam, Netherlands	Weekly Price Update on PET Real-Time Domestically Traded Prices at Amsterdam, Netherlands
	Bottle Grade Resin (IV: 0.800 ± 0.02) Domestically Traded, Hamburg, Germany	Weekly Price Update on PET Real-Time Domestically Traded Prices at Hamburg, Germany
	Bottle Grade Resin (IV: 0.800 ± 0.02) Domestically Traded, Immingham, United Kingdom	Weekly Price Update on PET Real-Time Domestically Traded Prices at Immingham, United Kingdom
	Bottle Grade Resin (IV: 0.800 ± 0.02) Domestically Traded, Le Havre, France	Weekly Price Update on PET Real-Time Domestically Traded Prices at Le Havre, France
Asia-Pacific PET Pricing Analysis	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Busan, South Korea	Weekly Price Update on PET Real-Time Export Prices from Busan, South Korea to Global Markets
	Bottle Grade Resin (IV: 0.800 ± 0.02) Ex-Baddi, India	Weekly Price Update on PET Real-Time Ex-Baddi Prices in India
	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	High IV Super Bright (Textile Grade) (IV: <0.9) FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Kaohsiung, Taiwan	Weekly Price Update on PET Real-Time Export Prices from Kaohsiung, Taiwan to Global Markets
	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Jakarta, Indonesia. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Jakarta, Indonesia, from China
	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Manila, Philippines. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Manila, Philippines, from China
	IV 0.75 – 0.80 ±0.015 FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	IV 0.85–0.88 ±0.015 FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	IV 0.64–0.65 ±0.015 FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	IV 0.82-0.83 ±0.015 FOB Shanghai, China	Weekly Price Update on PET Real-Time Export Prices from Shanghai, China to Global Markets
	IV 0.74-0.76 ±0.02 Domestically Traded, Mumbai, India	Weekly Price Update on PET Real-Time Domestically Traded Prices at Mumbai, India
	IV 0.84-0.85 ±0.02 Domestically Traded, Mumbai, India	Weekly Price Update on PET Real-Time Domestically Traded Prices at Mumbai, India
	Bottle Grade Resin (IV: 0.800 ± 0.02) Domestically Traded, Mumbai, India	Weekly Price Update on PET Real-Time Domestically Traded Prices at Mumbai, India
	IV 0.64–0.65 ±0.015 CIF Nhava Sheva, India. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Nhava Sheva, India, from China
	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Tokyo, Japan. Importing from Taiwan	Weekly Price Update on PET Real-Time Import Prices at Tokyo, Japan, from Taiwan
Middle East & Africa (MEA) PET Pricing Analysis	IV 0.75 – 0.80 ±0.015 CIF Jabel Ali, UAE. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Jabel Ali, UAE, from China
	IV 0.85–0.88 ±0.015 CIF Jabel Ali, UAE. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Jabel Ali, UAE, from China
	IV 0.64–0.65 ±0.015 CIF Jabel Ali, UAE. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Jabel Ali, UAE, from China
	IV 0.82-0.83 ±0.015 CIF Jabel Ali, UAE. Importing from China	Weekly Price Update on PET Real-Time Import Prices at Jabel Ali, UAE, from China

Polyethylene Terephthalate (PET) Price Forecasts & Market Foresight Q3 2026

Outlook: Strongly Bearish

Confidence: High

PET prices are expected to remain in a correction phase through Q3 2026, as paraxylene, PTA, and MEG feedstock costs continue unwinding from the Q1 geopolitical spike and settle into a softer range. Comfortable resin availability and steady operating rates across China are likely to keep export offers competitive, limiting any pass-through of summer beverage-season demand into higher prices.

Europe is anticipated to see easing feedstock costs pressure domestic offers in the Netherlands, Germany, and France, while Asia may see subdued restocking in India, China, and Southeast Asia. North America is expected to follow a milder correction, with import competition from South Korea keeping US prices under check.

Global Polyethylene Terephthalate (PET) Market Overview by Region (July–September 2026)

Country	Grade/ Incoterm	Outlook
Netherlands	Bottle Grade Resin (IV: 0.800 ± 0.02) FD Amsterdam	Strongly Bearish
Germany	Bottle Grade Resin (IV: 0.800 ± 0.02) FD Hamburg	Strongly Bearish
United Kingdom	Bottle Grade Resin (IV: 0.800 ± 0.02) FD Immingham	Strongly Bearish
France	Bottle Grade Resin (IV: 0.800 ± 0.02) FD Le Havre	Strongly Bearish
South Korea	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Busan	Strongly Bearish
India	Bottle Grade Resin (IV: 0.800 ± 0.02) Ex-Baddi	Strongly Bearish
China	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Shanghai	Strongly Bearish
USA	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Houston (South Korea)	Strongly Bearish
China	High IV Super Bright (Textile Grade) (IV: <0.9) FOB Shanghai	Strongly Bearish
Taiwan	Bottle Grade Resin (IV: 0.800 ± 0.02) FOB Kaohsiung	Strongly Bearish
Indonesia	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Jakarta (CHINA)	Strongly Bearish
Philippines	Bottle Grade Resin (IV: 0.800 ± 0.02) CIF Manila (CHINA)	Strongly Bearish

*PET Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ PET Forecast

Access comprehensive PET market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

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What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in PTA and MEG feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global PET market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

Feedstock & production economics
Plant operating rates & outages
Inventory and supply-demand balance
Regional trade flows & freight
Import-export dynamics
Macroeconomic & geopolitical developments

Track PET Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact PET markets.

Track PET with the Price Watch™ GIO Tracker

Polyethylene Terephthalate (PET) Price Trend Q2 2026

In Q2 2026, global Polyethylene Terephthalate (PET) prices surged as the US-Iran conflict escalated and the Strait of Hormuz faced closure, disrupting the flow of paraxylene, PTA, and MEG from the Middle East. Crude oil values climbed past historic highs during April and May, pushing feedstock costs and PET prices to record levels across regions.

Beverage and packaging demand remained firm through the quarter, adding further pressure on tight supply. The PET Price Chart captured this sharp upward trajectory through the first two months of the quarter. Toward the end of the quarter, the US-Iran ceasefire and the agreement to reopen the Strait of Hormuz started easing crude and freight costs.

The PET Price Index began reflecting this normalisation, with June 2026 prices correcting across most regions as feedstock costs and shipping conditions gradually stabilised.

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

In Q2 2026, the PET Price Trend in the Netherlands recorded a sharp increase of 60%, among the steepest gains of the quarter. The US-Iran conflict and the closure of the Strait of Hormuz restricted paraxylene, purified terephthalic acid, and MEG flows from the Middle East, pushing feedstock costs to historic highs.

Crude oil values surged past $100 per barrel during the conflict, lifting PET prices in the Netherlands to unprecedented levels through April and May. Firm beverage and packaging demand added further support to the tight market. However, the mid-June US-Iran ceasefire and the agreement to reopen the Strait of Hormuz eased crude and feedstock costs considerably.

In June 2026, PET prices in the Netherlands corrected by 12%, as normalising supply chains started calming the market.

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

In the second quarter of 2026, the PET Price Trend in Germany posted a steep rise of 59%, reflecting the scale of the feedstock disruption during the quarter. The US-Iran conflict and the Strait of Hormuz closure curtailed regional paraxylene, PTA, and MEG availability, driving production costs sharply higher.

Crude oil touched historic highs through April and May, keeping PET prices in Germany firmly elevated. Steady demand from packaging and bottled beverage manufacturers reinforced the upward momentum.

Toward the close of the quarter, the US-Iran ceasefire and the reopening deal for the Strait of Hormuz began easing feedstock costs and freight pressures. In June 2026, PET prices in Germany eased by 11%, as improving crude availability started normalising the market.

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

In Q2 2026, the PET Price Trend in the United Kingdom climbed sharply by 58%, marking one of the strongest quarterly gains recorded. The US-Iran conflict and the closure of the Strait of Hormuz significantly restricted Middle Eastern feedstock flows, pushing paraxylene, PTA, and MEG costs to historic highs.

Crude oil values surged through April and May, keeping PET prices in the United Kingdom firmly elevated amid constrained domestic availability. Consistent demand from beverage and packaging sectors supported the firm pricing environment.

The mid-June US-Iran ceasefire and the agreement to reopen the Strait of Hormuz subsequently eased crude costs and improved feedstock availability. In June 2026, PET prices in the United Kingdom corrected by 11%, as supply conditions gradually started normalising.

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

In Q2 2026, the PET Price Trend in France increased sharply by 58%, driven by acute feedstock cost pressure through the quarter. The US-Iran conflict and the closure of the Strait of Hormuz curbed paraxylene, PTA, and MEG shipments from the Middle East, pushing crude oil and production costs to historic highs.

PET prices in France remained firm through April and May amid this tight supply backdrop, supported further by steady beverage and packaging demand. The US-Iran ceasefire signed in mid-June, alongside the deal to reopen the Strait of Hormuz, subsequently started easing crude and feedstock costs across Europe.

In June 2026, PET prices in France eased by 11%, as supply chains began normalising from the wartime peak.

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

During Q2 2026, the PET Price Trend in South Korea rose by 34%, supported by tight feedstock availability and firm export demand. The US-Iran conflict and the Strait of Hormuz closure restricted regional paraxylene, PTA, and MEG supply, pushing crude oil values to historic highs through April and May.

PET prices in South Korea strengthened further as Southeast Asian buyers increased reliance on Korean cargoes amid constrained Middle Eastern flows. Export demand remained firm despite elevated feedstock costs.

Following the mid-June US-Iran ceasefire and the agreement to reopen the Strait of Hormuz, crude and feedstock costs started easing. In June 2026, PET prices in South Korea corrected by 10%, as export markets began stabilising.

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

In Q2 2026, the PET Price Trend in India increased by 25%, driven by strong domestic demand and constrained feedstock availability. The US-Iran conflict and the closure of the Strait of Hormuz reduced Middle Eastern imports of paraxylene, PTA, and MEG, pushing crude oil values to historic highs through April and May.

PET prices in India remained firm as seasonal demand for bottled beverages strengthened alongside tightening supply. The mid-June US-Iran ceasefire and the agreement to reopen the Strait of Hormuz subsequently started easing crude and feedstock costs.

In June 2026, PET prices in India eased marginally by 2%, as domestic demand continued supporting the market even as supply conditions began normalising.

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

Throughout Q2 2026, the PET Price Trend in China increased sharply across both Bottle Grade Resin and High IV Super Bright textile grade, rising by 28% and 25%, respectively. The US-Iran conflict and the Strait of Hormuz closure tightened regional paraxylene, PTA, and MEG supply, pushing crude oil and production costs to historic highs through April and May.

PET prices in China strengthened as reduced Middle Eastern availability increased reliance on Chinese exports across both grades. Domestic demand also improved moderately during the quarter. Following the mid-June US-Iran ceasefire and the reopening agreement for the Strait of Hormuz, feedstock costs started easing.

In June 2026, PET prices in China corrected by 9% for bottle grade and 8% for textile grade, as export markets began normalising.

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

In Q2 2026, the PET Price Trend in the USA rose sharply by 33%, driven largely by higher import costs from South Korea. The US-Iran conflict and the Strait of Hormuz closure tightened global feedstock supply, pushing crude oil to historic highs and lifting Korean export offer prices through April and May.

Elevated freight rates and longer logistics timelines from rerouted shipping added further cost pressure on landed cargoes into Houston. PET prices in the USA remained firm as domestic beverage packaging demand stayed strong throughout the quarter.

Following the mid-June US-Iran ceasefire, Korean offer prices and freight costs started easing. In June 2026, PET prices in the USA corrected by 7%, as import costs from South Korea began normalising.

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

In Q2 2026, the PET Price Trend in Taiwan increased by 25%, supported by tight feedstock availability and firm export demand. The US-Iran conflict and the closure of the Strait of Hormuz restricted regional paraxylene, PTA, and MEG flows, pushing crude oil and production costs to historic highs through April and May.

PET prices in Taiwan strengthened as global buyers increasingly sought Taiwanese cargoes amid constrained Middle Eastern supply. Export demand held firm despite the elevated cost environment.

Following the mid-June US-Iran ceasefire and the agreement to reopen the Strait of Hormuz, feedstock costs started easing. In June 2026, PET prices in Taiwan corrected by 9%, as export markets began stabilising from the wartime peak.

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

In Q2 2026, the PET Price Trend in Indonesia increased sharply by 27%, driven largely by higher import costs from China. The US-Iran conflict and the Strait of Hormuz closure tightened global feedstock supply, pushing crude oil to historic highs and lifting Chinese export offer prices through April and May.

Elevated freight costs and longer logistics timelines from rerouted shipping further raised landed costs into Jakarta. PET prices in Indonesia remained firm as strong domestic demand supported the tight market throughout the quarter.

Following the mid-June US-Iran ceasefire, Chinese offer prices and freight rates started easing. In June 2026, PET prices in Indonesia corrected by 9%, as import costs from China began normalising.

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

In Q2 2026, the PET Price Trend in the Philippines rose by 27%, driven largely by higher import costs from China. The US-Iran conflict and the Strait of Hormuz closure tightened global feedstock supply, pushing crude oil to historic highs and lifting Chinese export offer prices through April and May.

Elevated freight rates and extended logistics timelines from rerouted shipping added further cost pressure on landed cargoes into Manila. PET prices in the Philippines remained firm as steady domestic demand supported the tight supply environment through the quarter.

Following the mid-June US-Iran ceasefire, Chinese offer prices and freight costs started easing. In June 2026, PET prices in the Philippines corrected by 8%, as import costs from China began normalising.

Polyethylene Terephthalate (PET) Price Trend Analysis: Q1 2026

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, polyethylene terephthalate price trend 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, polyethylene terephthalate price trend 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, polyethylene terephthalate price trend 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, polyethylene terephthalate price trend 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 price trend 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, polyethylene terephthalate price trend 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 price trend 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, polyethylene terephthalate price trend 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, polyethylene terephthalate price trend 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 2025

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.

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 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.

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 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.

Polyethylene Terephthalate (PET) Price Trend Analysis 2024

Polyethylene Terephthalate (PET) Price Trend 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.

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 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.

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 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.

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 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.

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)
IV 0.75 – 0.80 ±0.015
IV 0.85–0.88 ±0.015
IV 0.64–0.65 ±0.015
IV 0.82-0.83 ±0.015
IV 0.74-0.76 ±0.02
IV 0.84-0.85 ±0.02

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 Kaohsiung	Kaohsiung, Taiwan	PET export price from Taiwan
CIF Jakarta (CHINA)	Jakarta, Indonesia	PET import price in the Indonesia from China
CIF Manila (CHINA)	Manila, Philippines	PET import price in the Philippines from China
Ex-Mumbai	Mumbai, India	Domestically traded PET price in Mumbai, India
CIF Nhava Sheva	Nhava Sheva, India	PET import price in the India from China
CIF Jabel Ali	Jabel Ali, UAE	PET import price in the UAE from China
CIF Manzanillo	Manzanillo, Mexico	PET import price in the Mexico from China
CIF Santos	Santos, Brazil	PET import price in the Brazil from China
CIF Callao	Callao, Peru	PET import price in the Peru from China
CIF Tokyo	Tokyo, Japan	PET import price in the Japan from Taiwan

*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.

Historical polyethylene terephthalate (PET) Price Trend Analysis

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.

Disclaimer

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.

FAQ

What factors influence the price of Polyethylene Terephthalate (PET)? +

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.

How can procurement managers secure the best price for PET? +

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.

How do global events affect PET prices? +

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.

What is PET and why does its price matter? +

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.

How much does PET cost right now? +

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.

What is the market trend in PET, and what affects PET prices? +

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.

Which industries buy the most PET? +

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.

Where does PET come from? +

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.

Who is the largest exporter of PET? +

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.

Is there enough PET to meet global demand? +

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.

What are the different grades of PET and why do prices differ? +

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.

What happens when demand for PET suddenly increases? +

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.

How do feedstock prices affect PET costs? +

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.

What causes regional price differences for PET? +

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.

What is the forecast for PET prices? +

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.

Can PET price forecasts really help my business? +

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

How do global events impact PET supply and prices? +

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.

Where can I find reliable PET price information? +

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.