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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

• Clear Flakes: FOB Los Angeles

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 for bottle bales and for spot material loading 3-30 days forward for clear flakes.

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

  • Midwest feedstocks gain 2.50 cents on day/week
  • California value chain holds steady


The California recycled polyethylene terephthalate markets held steady on the day and on the week April 14, while the Midwest feedstock market saw large daily gains.


S&P Global Platts assessed spot LA premium and curbside post-consumer bottle bales unchanged on the day at 22.50 cents/lb and 14 cents/lb, respectively, maintaining previous market structure amid market talk of stable pricing and premium-grade bales talked at or around 22 cents/lb.

In the Midwest, prices were assessed up 2.50 cents/lb, based on an offer received at 14 cents/lb for mixed-color post-consumer bottle bales in Illinois.

Higher pricing comes after nearly four weeks of prices holding steady at 11.50 cents/lb and brings feedstocks in the Midwest on par with prices for its West Coast counterpart.

Market sources continued to note of high freight costs and availability in the region.

FOB LA packaging-grade flake remained flat on the day at 50 cents/lb amid previous market talk of pricing between 48-50 cents/lb.

R-PET food-grade pellets were assessed unchanged on the day at 69 cents/lb on formula-based pricing that accounted for current R-PET flake levels plus a premium that includes processing and transportation costs, as well as other variable costs. Unchanged pricing is also in line with a pricing indication received at 69-70 cents/lb.

The entire R-PET value chain, specifically packaging-grade material, continued to be talked "super tight" by market participants across the country, in line with sentiment seen in the virgin PET market as well.

According to the latest ITC data, February US exports of scrap plastic were down slightly from January, sliding from 47,400 metric tons to 46,300 metric tons on the month.

Vietnam saw one of the largest decreases of US imports, falling roughly 28% month-on-month, bringing exports to the country to 2,900 metric tons. Canada remained the US's largest export destination, absorbing nearly 13,600 metric tons of material.

Platts US Recycled PET Daily Rationale

S&P Global Platts assessed spot LA premium and curbside post-consumer bottle bales unchanged April 16 at 22.50 cents/lb and 14 cents/lb, respectively, maintaining previous market structure amid a lack of fresh indications before market close.


In the Midwest, prices were assessed up 50 points on the day at 14.50 cents/lb for mixed-color bales in Illinois, a conservative move based on a trade heard done at 15 cents/lb.

FOB LA packaging-grade flake remained flat on the day at 50 cents/lb amid previous market talk of pricing between 48 cents/lb and 50 cents/lb.

R-PET food-grade pellets were assessed unchanged on the day at 69 cents/lb on formula-based pricing that accounted for current R-PET flake levels plus a premium that includes processing and transportation costs, as well as other variable costs. Unchanged pricing is also in line with a previous pricing indication received at 69-70 cents/lb.

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


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