Price Assessment

Platts Asia Recycled PET Assessments

  • What are Asian Recycled PET price assessments?
  • How we assess Asian Recycled PET prices
  • Platts Asian Recycled PET Weekly Commentary
  • Platts Asian Recycled PET Daily Rationale

What are Asian Recycled PET price assessments?

Platts daily recycled PET assessments cover clear flake material with a PVC content of 50-100ppm and less than 30ppm. Both the standard grade clear flake assessment and the premium grade are for material loading in Southeast Asia and complement Platts existing virgin PET assessments in Southeast Asia and Northeast Asia.

Material is for loading 3-21 days forward from the day of publication out of typical ports Port Klang in Malaysia, Bangkok in Thailand, and Jakarta in Indonesia. Indications from other ports may be taken into consideration as well.

The price assessments are complemented by a daily rationale and weekly commentary, which explains how the price assessments are reached and delve into the market fundamentals observed throughout the week.

Prices are assessed in $/mt.

How we assess Asian Recycled PET prices

Platts assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business (4.30 pm Singapore time) on each day.

All the information used to inform the assessment is published transparently on Platts platforms as "heards". An assessment rationale is published explaining what the assessments are and how they have been reached.

A weekly market commentary accompanies the price assessments and rationale, which highlights the most important trends that have affected the markets that week and provides insight into what the market expects over the coming weeks.

Platts Asian Recycled PET Weekly Commentary

  • Firmer oil prices lend support
  • Sellers upbeat on post-Lunar New Year replenishing


Asian recycled polyethylene terephthalate prices remained stable Jan. 26, although sellers were confident of a firmer market amid post-Lunar New Year restocking.


Firmer oil prices supported r-PET demand.

ICE Brent crude oil March futures contract prices rose $1.68/b, or around 1.9% on the week, to $88.7/b at 4:30 pm Singapore time (0830 GMT) Jan. 19, S&P Global Platts data showed.

But firm freight continued to deter trade.

"The main concern now is probably not the price of the goods but the price of the freight cost of the ship which is getting higher and higher," said a producer in Southeast Asia. "Yes of course, according to our forecast, we will get a stronger market after Chinese New Year."

Platts Asian Recycled PET Daily Rationale

Asian R-PET clear flakes with PVC content of 50-100 ppm was assessed unchanged on the day at $800/mt on Jan. 26, in line with tradable indication heard at $700-$850/mt.


Premium R-PET clear flakes with PVC content less than 30 ppm was assessed stable at $875/mt FOB SEA below a tradable indication heard at $900/mt by a producer.

This rationale applies to symbol(s) <RPTSE00>


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