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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.

The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including PET.

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PET

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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, 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 224 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 data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

Data Delivery Methods. PET price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).

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Polyethylene Terephthalate Price Outlook. The price of PET (United States) increased during April 2019 to 1,320 USD per metric ton, which represents a slight rise of 2% compared to the previous month’s value. On a year-over-year basis, the prices of PET (United States) decreased modestly by 1%. Meanwhile, the average price of PET (China) amounted to 1,260 USD per metric ton, from 1,630 USD per metric ton one year earlier. On a month-over-month basis, the price of PET (China) is 3% lower than the price one month before.

The price of PET (Southeast Asia) declined slightly throughout April 2019, reaching 1,080 USD per metric ton.  The price is 0.9% lower than the average price in the previous month and 7% lower than the average price one year before. In contrast, the prices of PET (Middle East) decreased modestly during April 2019, reaching 1,330 USD per metric ton, which means a decline of 2% from the previous month’s price and a decline of 21% from the previous year’s price. 

The prices of PET (Europe) experienced a modest decline of 10 USD per metric ton from the prior month's price, to 1,100 USD per metric ton. Such price movement meant a decrease of 0.9% on a monthly basis and a rise of 7% on a yearly basis. On the other hand, in April 2019, the price of PET (Northeast Asia) witnessed a rise of 10 USD per metric ton when compared against the previous month's price, to 1,200 USD per metric ton. The April 2019 price is 2% lower than the price one year before. 

The average price of PET (South America) was 1,200 USD per metric ton on April 2019 – which means it was flat compared with the previous month. On a year-over-year basis, the price of PET (South America) is 8% 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.

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