Polyethylene Terephthalate Prices | Current and Forecast
Monitor Polyethylene Terephthalate Prices Worldwide
Plans Starting at $299 USD /year
Monitor monthly Polyethylene Terephthalate price assessments covering 7 locations: United States, Europe, South America, Southeast Asia, China, Northeast Asia and Middle East. Also check PET 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including PET.
Data Legend. The chart above shows PET price assessments in USA Dollar per metric ton (USD/mt) in 7 locations, as follows:
- PET, US (United States): PET, import transaction price, cif, United States
- PET (Bottle), EUR (Europe): PET (bottle grade), domestic contract price, ddp, Northwest Europe
- PET, SAM (South America): PET, export transaction price, fob, Brazil
- PET, SEA (Southeast Asia): PET, export transaction price, fob, India
- PET (Bottle), CN (China): PET (bottle grade), domestic spot price, exw, China
- PET, NEA (Northeast Asia): PET, export transaction price, fob, Taiwan
- PET (Bottle), MDE (Middle East): PET (bottle grade), import spot price, cfr, United Arab Emirates (netforward from fob China)
Data Use. PET prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. PET price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including PET
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Countries / World Regions
Prices Directly In Excel
Plans Starting at $299 USD /year
Polyethylene Terephthalate Price Outlook. The price of PET (United States) decreased during March 2020 to 1,090 USD per metric ton, which represents a decline of 4% compared to the previous month’s value. On a year-over-year basis, the prices of PET (United States) decreased significantly by 16%. Meanwhile, the average price of PET (China) amounted to 740 USD per metric ton, from 1,300 USD per metric ton one year earlier. On a month-over-month basis, the price of PET (China) is 17% lower than the price one month before.
The price of PET (Southeast Asia) declined slightly throughout March 2020, reaching 816 USD per metric ton. The price is 1% lower than the average price in the previous month and 25% lower than the average price one year before. In contrast, the prices of PET (Middle East) decreased significantly during March 2020, reaching 801 USD per metric ton, which means a decline of 16% from the previous month’s price and a decline of 41% from the previous year’s price.
The prices of PET (Europe) experienced a modest decline of 12 USD per metric ton from the prior month's price, to 978 USD per metric ton. Such price movement meant a decrease of 1% on a monthly basis and a decrease of 12% on a yearly basis. On the other hand, in March 2020, the price of PET (Northeast Asia) witnessed a decline of 12 USD per metric ton when compared against the previous month's price, to 927 USD per metric ton. The March 2020 price is 22% lower than the price one year before.
The average price of PET (South America) was 1,010 USD per metric ton on March 2020 – a little decrease of 20 USD per metric ton, or 2%, compared with the previous month. On a year-over-year basis, the price of PET (South America) is 16% lower than the price one year before.
About Polyethylene Terephthalate. Polyethylene Terephthalate (a.k.a. PET) is a thermoplastic polyester with an enormous market volume in bottle resin. The combination of properties like hardness and rigidity, dimensional stability, chemical resistance and lightweight, makes PET a flexible material widely used in several applications. It is also worth noting that PET is the most common thermoplastic polymer resin of the polyester family, and being a 100% recyclable material so broadly used, is the most recycled plastic worldwide.
All this make Polyethylene Terephthalate the most important thermoplastic polyester and one of the most produced polymers, along with polyethylene, polypropylene and polyvinyl chloride. Like other polyesters, PET is produced industrially by direct esterification of dicarboxylic acids with diols. Typical production processes are based on polymerization of ethylene glycol (MEG) with either purified terephthalic acid (PTA) or dimethyl terephthalate (DMT) in the presence of a metal catalyst.
Depending on the selected application and the physical and mechanical properties desired, different grades of PET can be produced, with different molecular weights, densities and viscosities. Also, both batch and continuous processes are used for PET manufacturing. While continuous processes are more suitable for the production of commodity resins, batch processes are more used for smaller quantities of specialty resins.
Polyethylene Terephthalate Handling. It must be stored in a way that heat, moisture, and sunlight are avoid. Also, It is necessary to stored in a well ventilated and dry location.
Polyethylene Terephthalate Production. The first commercial route to PET was based on the reaction of dimethyl terephthalate (DMT) with excess ethylene glycol. Nowadays, most of Polyethylene Terephthalate is produced from esterification of purified terephthalic acid and ethylene glycol, due to advantages related to product quality and cost. Raw materials and the respective production processes employed in the manufacturing of Polyethylene Terephthalate are listed below.
- Ethylene glycol + terephthalic acid (ester formation),
- Ethylene glycol + dimethyl terephthalate (transesterification)
Polyethylene Terephthalate Uses. The uses and applications of Polyethylene Terephthalate may vary according to its specification. The main forms of Polyethylene Terephthalate are textile fiber grade; and bottle grade.
