Get the latest insights on price movement and trend analysis of Recycled PET in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Due to high demand and limited supply, R-PET clear flake and food grade pellets suffered triple-digit price increases in February. Over and above the 44 EUR/MT increase in clear bottle trash buying costs, the 100 EUR/MT price increase implied a significant margin gain.
Mixed bottle scrap purchasing costs also climbed by 25 EUR/MT, while coloured flake prices jumped by more than that. As a result of the scarcity of PET bottle scrap, R-PET supply remained tight. Simultaneously, R-PET demand continued to rise, with an ever-increasing number of brand owners disappointed by a lack of material for new sustainability projects.
Recycled-PET prices were raised again in March, owing to sustained high demand and limited supply. The price of clear food grade pellets was in the range of 2040-2140 EUR/MT in Western Europe. Food-grade materials are currently significantly more expensive than virgin materials.
Procurement Resource provides latest prices of Recycled PET. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Polyethylene terephthalate or PET, a form of polyester, is a highly recyclable plastic resin. PET is inexpensive, light in weight and is widely used to manufacture plastic products, particularly plastic bottles. Upon recycling polyethylene terephthalate, it is known as RPET, which is the most widely recycled plastic worldwide. Products made of recycled PET are very convenient, and thus, they are widely utilised.
|Product Name||Recycled PET|
|Industrial Uses||Fibres, Fabrics, Packaging, Washed flakes, Sheets, Straps, Polyester carpets|
|Supplier Database||B. Schoenberg & Co., Inc, UltrePET, LLC, Carbonlite Inc., Suez Recycling & Recovery Holdings, KW Plastics|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, PET is used as a starting material and its recycling follows multiple steps such as sorting, separation, classification and rinsing. At last, PET is ground into flake and dried before being reintroduced as a manufacturing material.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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