Polyethylene terephthalate (Recycled) Prices, markets & analysis
The ICIS US polyethylene terephthalate (recycled) (R-PET) price report, gathered and verified by locally based industry experts, is a vital source of information on prices, market movements, domestic opportunities and export trends.
It includes benchmark prices for PET bottle bales, R-PET flakes and R-PET pellets for North America as well as PET bottle bale prices for Mexico. The report also contains market commentary on domestic and export markets as well as details of upstream products such as virgin PET, crude oil, natural gas and cotton.
Use ICIS information to:
- Set a firm benchmark for your contract negotiations
- View information on all grades in one report
- Understand how import markets impact international trade flows
- Track price fluctuations and understand factors driving them
Recycled polyethylene terephthalate Overview Transcript
Until 2010, the key driver for the recycled polyethylene terephthalate market, also known as RPET market, was the virgin PET price. That’s because traditionally companies purchased R-PET material as a lower cost alternative to virgin.
However, since 2010 virgin PET and recycled PET prices have decoupled. This is because of an increased focus on social corporate responsibly and carbon cost.
In the short to mid-term, sustainability targets are expected to become an increasingly significant factor in R-PET pricing, and the bottle-to-bottle market is expected to increase its share of R-PET consumption.
However, at the same time as market demand is growing, collection rates – that’s the post-consumer material that’s brought into the recycling chain- have been broadly fat, resulting in structural shortages.
Polyethylene terephthalate (Recycled) news and market information products from ICIS
We offer the following regional Polyethylene terephthalate (Recycled) coverage to keep you informed of factors and developments affecting prices in the US Polyethylene terephthalate (Recycled) marketplace.
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News & Analysis - News & market analysis specifically relating to Polyethylene terephthalate (Recycled)
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Insight and analysis of factors driving prices.
The US recycled polyethylene terephthalate (R-PET) market has seen slight demand increases so far in 2014, but, overall, the market has been flat. China’s “Green Fence” policy – which restricts the amount of recycled material that the country imports from the US – has affected the US market. Excess domestic supply has kept prices flat.
Many believe that having so much supply in the US will bring about an era of innovation, as recycling processors are forced to come up with new ways of using the material.
This appeared to be the sentiment as market leaders from around the world gathered at the 2014 Plastics Recycling Conference in Orlando, Florida.
R-PET prices in California eased down during the quarter. Prices on the east coast remained flat, although it was heard late in the quarter that prices on the east coast were increasing.
Mexico R-PET prices saw an increase, as Mexico appears to be selling more material into Asia.
Updated to mid-April 2014
The ICIS US polyethylene terephthalate (recycled) price report, published weekly, is an independent source of pricing information for all grades of material in one easy-to-use format. Producers, reclaimers and traders can source all the information needed to build a complete picture of the US domestic and export markets.
The ICIS US polyethylene terephthalate (recycled) price report includes:
- - US FOB spot prices for PET bottles, R-PET hot-washed flakes (colourless and blue/green), and RPET pellets (food grade)
- - Mexico FOB spot prices for PET bottle bales (clear/coloured mix)
- - Price assessments for both the West and East Coast
- - Information on virgin PET prices for easy comparison
- - Feedstock prices and market commentary on crude oil, natural gas, paraxylene and cotton
- - Coverage of key export markets – China and India
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Polyethylene terephthalate (Recycled). Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Polyethylene terephthalate (Recycled), has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.