PET strengthens with orderly upward movement
PET has closed the latest assessment period with a firmer undertone, extending gains that have been building over recent weeks. The market advanced by Rs 3/kg on the week, taking assessed levels for PET Bottle (Imported, Ahmedabad) to Rs 103/kg as of 23 December 2025. This move reinforced a steady upward pattern rather than sharp, erratic shifts, making the recent trend easier for buyers and sellers to track. Indian PET prices have now returned to the upper end of the recent trading band, signalling stronger near-term positioning as the year draws to a close.
The fortnight view shows how momentum has picked up, with prices rising from Rs 96/kg on 9 December to current levels. On a monthly basis, the lift is even clearer, as PET moved up from Rs 75/kg on 22 November. Extending the lens to three months, the comparison underscores the scale of the recovery, with PET now at Rs 103/kg versus Rs 76/kg on 24 September. Over six months, the market is also firmer, up from Rs 93/kg on 24 June, while the year-on-year comparison shows relative stability at Rs 103/kg compared with Rs 104/kg a year earlier.
Although the latest week shows controlled gains, the broader context includes a wide range between the recent low near Rs 65/kg and the current high zone around Rs 103/kg. This highlights that volatility has been present even if the most recent movements appear measured. Indian PET prices remain supported near Rs 100/kg, with resistance close to Rs 103/kg, providing reference points for procurement teams assessing PET prices in India, PET Resin, PET Market, Polymer Industry, Plastics Market, Resin Prices, Petrochemicals, Polymer Trends, Market Update, Packaging Industry, Bottle Grade PET, Plastic Industry, Commodity Markets.
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