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Polyethylene Terephthalate
Polyethylene Terephthalate Prices | Current and Forecast
Polyethylene Terephthalate
PET
PET
(C10H8O4)n

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.

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Data Type: chem-pricing
Prices

Polyethylene Terephthalate Prices | Current and Forecast

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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 price history since 2007 and forecasts.

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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, transaction price, cif, United States
  • PET (Bottle), EUR (Europe): PET (bottle grade), contract price, ddp, Northwest Europe
  • PET, SAM (South America): PET, transaction price, fob, Brazil
  • PET, SEA (Southeast Asia): PET, transaction price, fob, India
  • PET (Bottle), CN (China): PET (bottle grade), spot price, exw, China
  • PET, NEA (Northeast Asia): PET, transaction price, fob, Taiwan
  • PET (Bottle), MDE (Middle East): PET (bottle grade), spot price (formula), cfr, United Arab Emirates

Data Use. PET prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

Intratec Primary Commodity Prices

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Polyethylene Terephthalate Price Outlook. The price of PET in United States decreased during March 2019 to 1,290 USD per metric ton, which represents a slight decline of 2% compared to the previous month’s value. On a year-over-year basis, the prices of PET in United States decreased modestly by 2%. Meanwhile, the average price of PET in Chinaamounted to 1,300 USD per metric ton, from 1,340 USD per metric ton one year earlier. On a month-over-month basis, the price of PET in China is 3% higher than the price one month before.

The price of PET in Southeast Asia rose slightly throughout March 2019, reaching 1,090 USD per metric ton.  The price in Southeast Asia is 2% higher than the average price in the previous month and 4% lower than the average price one year before. In contrast, the prices of PET in Middle East increased modestly during March 2019, reaching 1,360 USD per metric ton, which means a rise of 2% from the previous month’s price and a decline of 3% from the previous year’s price. 

The prices of PET in Europe were flat and a rise of 8% on a yearly basis. On the other hand, in March 2019, the price of PET in Northeast Asia witnessed a rise of 10 USD per metric ton when compared against the previous month's price, to 1,190 USD per metric ton. The March 2019 price in Northeast Asia is 0.8% higher than the price one year before. 

The average price of PET in South America was 1,200 USD per metric ton on March 2019 – which means it was flat compared with the previous month. On a year-over-year basis, the price of PET in South America is 3% 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.

Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, futures market, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).

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