Polyethylene terephthalate (PET) Price Trends

Procurement Resource provides latest prices of Polyethylene Terephthalate (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.

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Chart Description

Procurement Resource provides prices of Polyethylene Terephthalate (PET) for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Polyethylene Terephthalate (PET)

Polyethylene Terephthalate, abbreviated as PET, is one of the most common types of thermoplastic polymer resins. It belongs to the polyester family like PVC. It is mostly utilised in the production of fibres for clothing, and containers for foods and beverages. PET has been identified as a completely safe, non-toxic, lightweight, and flexible material that is recyclable as well.

Chemical Formula:

  • (C10H8O4)n

Synonyms:

  • 25038-59-9
  • poly(ethylene terephthalate) 
  • Poly (Oxyethyleneoxyterephthaloyl)
  • PETE 
  • PETP or PET-P

Industrial Uses

  • Fibres and yarns
  • Plastic containers 
  • Thermoforming
  • 3-D printing

Production Process

  • Production of Polyethylene Terephthalate via MEG (Monoethylene Glycol) and PTA (Pure Terephthalic Acid).

In this process, PTA is mixed with MEG and catalyst solution in a paste form and processed in an esterification system, splitting off the water. Then, the product from the esterification step is sent to the pre-polycondensation reactor. Finally, the polyester melt is processed either into fibres and filaments or sent to the solid-state polycondensation (SSP) unit for making bottle grade chips for the derived Polyethylene Terephthalate.

Procurement Resource also provides the production cost analysis of Polyethylene Terephthalate (PET).

Supplier Database

  • Exxon Mobil Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Versalis S.p.A.
  • Chevron Phillips Chemical Company
  • Lanxess AG

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.

Contact us for any specific request related to Polyethylene Terephthalate (PET).

Methodology

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).