Polyethylene Terephthalate
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Polyethylene Terephthalate (PET) is a strong, lightweight thermoplastic polymer resin. It is widely used for beverage bottles, food containers, and synthetic fibers.
PET prices in India are determined by various factors including international crude oil prices, domestic production capacity, import volumes, and seasonal demand patterns. Major producers like Reliance Industries, IOCL, GAIL, and HPCL announce prices based on their production costs and market conditions.
The Indian PET market is one of the largest in Asia, with growing demand from packaging, construction, and automotive sectors. Prices are typically quoted per metric tonne (MT) and vary by grade, application, and regional availability.
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