Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

Price Assessment

Platts European Recycled PET Assessments

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

What are European Recycled PET price assessments?

Platts recycled polyethylene terephthalate assessments cover the following markets in the UK and Northwest Europe:

• Post-consumer PET bottle bales FD NWE
• Recycled-PET flakes FD NWE
• Recycled-PET flakes FD UK
• Recycled-PET Mixed Colored Flakes FD NWE
• Recycled-PET Mixed Colored Flakes FD UK
• Recycled-PET food-grade pellets FD NWE
• Recycled-PET food-grade pellets FD UK

The above markets are assessed on a daily basis in Eur/mt and GBP/mt for spot material loading 3-30 days forward from the day of publication.

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 London time) each day.

How we assess European 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 London time) each day.

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

A weekly market commentary, published on a Wednesday, 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 European Recycled PET Weekly Commentary

  • Recyclers push for decrease in bales price
  • Food-grade pellet supply increasing


European and UK recycled polyethylene markets were lower across the board this week as sales volumes were down and recyclers were looking to reduce bottle bale purchases.


Margins remained thin this week, though did not narrow further, and recyclers were heard to be pushing for substantial decreases in the post-consumer PET bottle bale prices in June.

Buying interest was heard at Eur450/mt FD NWE, though suppliers so far this week were happy to reduce volume rather than accepting lower prices.

Part of the reason for reduced margins was lower buying appetite at the top end of the market. Consumers were reporting difficulty in securing food-grade pellets as many looked to reduce overall PET volumes. This was despite the normal increase in demand expected through the summer.

Some positive sentiment came through this week, with recyclers expecting more post-consumer bottles coming through the stream in the coming weeks as easing lockdown restrictions enabled more people to spend time outside and better weather increased demand for beverage bottles.

For producers of food-grade pellets, there was some upside but for clear flake producers, significant pressure was still being felt from a bearish virgin market where pricing remains at historic lows.

Mixed colored flakes fared slightly better, with demand still seen from the strapping sector this week as online shopping remains relatively robust.

Platts European Recycled PET Weekly Rationale

S&P Global Platts assessed the post-consumer PET bottle bales down Eur10/mt on the day and down Eur20/mt on the week at Eur490/mt FD NWE Wednesday, within a Eur450-500/mt range heard and amid lower demand in the market this week.


NWE R-PET clear flakes were assessed down Eur10/mt day on day and week on week at Eur850/mt FD NWE Wednesday, within a range heard at Eur840-860/mt.

UK R-PET clear flakes were assessed down GBP10/mt at GBP780/mt, within a range heard at GBP700-790/mt and tracking the drop in NWE spot prices.

NWE mixed colored flakes were assessed stable at Eur725/mt FD NWE, within the latest range heard at Eur700-750/mt.

UK mixed colored flakes were assessed stable at GBP650/mt FD UK, within the latest range heard at GBP625-660/mt.

NWE R-PET food-grade pellet spot prices were assessed down Eur10/mt on the day and on the week at Eur1,230/mt FD NWE Wednesday, within a range heard at Eur1,200-1,300/mt and on talks of more supply in the market.

UK R-PET food-grade pellets were assessed down GBP10/mt on the day and on the week at GBP1,155/mt FD UK, tracking the UK clear flake market lower.


Methodology and Specifications

See all methodologies
See all methodologies

Products and Services

See all products and services
See all products and services