# PET resin: Trading

Zhengzhou futures, Asian export prices and rPET flake

Source page: https://www.materialinsights.org/chemicals/pet/trading/

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

#### Who buys, and where

- China (largest exporter)
- South Korea, Taiwan, Thailand
- India (Reliance exports, indicative)
- Indonesia and Vietnam

#### Who sells, and from where

- Southeast Asia
- Middle East and Africa
- Europe
- Latin America
- South Asia

#### Price benchmarks

| Benchmark | Publisher | Basis |
|---|---|---|
| **PET bottle grade FOB NE Asia and FOB SE Asia** | S&P Global Platts | spot, weekly |
| **China PET bottle chip domestic and export prices** | CCF Group | spot, daily |
| **NWE PET bottle grade** | ICIS, Platts | monthly contract and spot |
| **PET flake and rPET pellets** | ICIS, Procurement Resource | spot, monthly |

#### Exchanges

| Venue | Contract | Notes |
|---|---|---|
| **Zhengzhou Commodity Exchange** | PTA futures; PET bottle chip futures (indicative) | used to hedge polyester chain risk |
| **Dalian Commodity Exchange** | MEG futures | glycol leg of PET cost |

#### Contract types

- Monthly formula contracts with large bottlers linked to PTA and MEG
- Spot export cargoes in containers or big bags
- Long-term rPET offtakes with brand owners (Coca-Cola, PepsiCo bottlers)
- Bale purchase contracts with aggregators for recyclers

#### Traders and distributors

- Mitsui
- Mitsubishi Corporation
- Marubeni
- Itochu
- Sinochem

#### How Indian buyers price it

- Reliance and IVL Dhunseri price domestic PET against Asian export prices and PTA/MEG costs; PTA itself is priced at CFR India import parity (PTA tile).
- The BIS quality-control order on PTA, which stalled imports from China from mid-2023, was withdrawn on 12 Nov 2025 (BIS notification via ELP; PTA tile).
- Recycled flake is priced separately: PET flake rose from Rs 42/kg to over Rs 55/kg in FY25 as European recyclers bought Indian flake (Readon).

#### Recent price points

| Date | Price | Basis | Source |
|---|---|---|---|
| 5 Mar 2025 | **$795/t** | PET bottle grade FOB NE Asia | Platts via S&P Global, Mar 2025 |
| 5 Mar 2025 | **$870/t** | PET bottle grade FOB SE Asia | Platts via S&P Global, Mar 2025 |
| FY2024-25 | **Rs 42/kg to over Rs 55/kg** | PET flake, India | Readon (Substack), Jan 2026 |
| 21 Jan 2026 | **$687/t (feedstock)** | PTA CFR India | PTA tile (Platts) |
| Q2 2026 | **BOPET up about €0.55/kg; 12-micron PET film up about 40%** | Europe, film converters | ESM Magazine, 2026 |

#### Good sources to follow
[Czapp analyst insights (PET)](https://www.czapp.com/analyst-insights/czapp-explains-global-pet-resin-capacity-and-projects/)freemium research site · Czarnikow

PET resin capacity, projects and bottle demand (linked to sugar and drinks)
[Readon (Substack)](https://readon.substack.com/p/indias-recycled-plastic-squeeze)free Substack · Readon

Indian recycled plastics, EPR and listed recyclers
[Procurement Resource news](https://www.procurementresource.com/news-and-articles/india-rpet-capacity-rise-fssai-approvals)freemium research site · Procurement Resource

rPET and polymer price trends, India
[Packaging Insights](https://www.packaginginsights.com)free newsletter · CNS Media

Packaging regulation, EPR and recycled-content news including India
[ChemOrbis plastics news](https://www.chemorbis.com/en/plastics-news)freemium research site · ChemOrbis

Weekly Asian, Indian and Turkish polymer prices and sentiment

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/pet/index.md)
- [Overview](https://www.materialinsights.org/chemicals/pet/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/pet/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/pet/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/pet/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/pet/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/pet/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/pet/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/pet/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/pet/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/pet/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/pet/links/index.md)