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Price Assessment

Platts US Recycled PET Assessments

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

What are US Recycled PET price assessments?

Platts recycled polyethylene terephthalate assessments cover the following markets in the Midwest and West Coast regions of the United States:

• Post-consumer PET bottle bales: FOB LA Premium-grade

• Post-consumer PET bottle bales: FOB LA Curbside

• Post-consumer PET bottle bales: FOB Chicago Curbside

The above markets are assessed on a daily basis in cents/lb for spot material loading 0-7 days forward from the day of publication.

The daily assessments are also converted to $/mt.

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 (4:00 pm Central Standard Time).

How we assess US 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 (4:00 PM CST).

All the information used to inform the assessment is published transparently on S&P Global 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 US Recycled PET Weekly Commentary

  • Domestic, import prices up $22/mt on week
  • Prices significantly under year-ago levels


Both import and domestic polyethylene terephthalate ended the day's session July 1 up $22/mt on the week as feedstock prices gain strength.


S&P Global Platts assessed import PET prices at $937/mt-$959/mt (42.5-43.5 cents/lb), up $22/mt on the week, based on an unconfirmed pricing indication received at 44-45 cents/lb.

Meanwhile in the domestic market, US PET also saw weekly gains of $22/mt to end midweek at $959/mt-$981/mt (43.5 cents/lb-44.5 cents/lb), continuing its month-long bullish price trend.

Higher pricing came amid an uptick in upstream purified terephthalic acid contracts, which settled at 36.62 cent/lb for June—a slight increase from the May settlement of 35.12 cents/lb. The June monoethylene glycol contract remains at 22.19 cents/lb, while the July contract price has yet to settle. Market participants expect an increase in the July MEG settlement amid higher ACP nominations.

Despite a slight uptick in weekly pricing, prices for import PET remain 31% under levels seen this time last year, while domestic prices are 25% lower than year-ago levels.

Although demand for food packaging has been strong since February, it has been weak from industrial sectors driven by low automotive and construction demand. And though these industries have largely started up again, consumption has been slow to recover, according to Platts Analytics.

Globally, PET pricing remained stable on the week in both the Asian and European markets amid subdued demand.

Platts US Recycled PET Daily Rationale

Spot PET prices for both premium-grade and curbside post-consumer bottle bales sourced from the Los Angeles area were assessed unchanged July 2 at 11 cents/lb and 5 cents/lb, respectively, based on the last pricing indications received at that level.


In the Chicago market, PET post-consumer bales sourced from curbside collection were also assessed flat on the day at 8 cents/lb, based on the last pricing indication received.

The spot LA price for recycled PET clear flakes was assessed at 34 cents/lb, unchanged from July 1. The assessment was based on the most recent market indications as well as stable pricing in upstream bottle bale markets.

This rationale applies to symbols <APCLA00> <APCLB00> and <APCCH00>.


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