PET price up in Delhi market | |
PET Bottle Grade G5801 Sees ₹2/kg Price Hike in Delhi — New Price ₹102 on May 23 Delhi, May 23, 2025 In a notable development for the packaging and beverage industry, the price of PET Bottle Grade G5801, manufactured by Reliance Industries Limited (RIL), has increased in the Delhi market. The price rose from ₹100 per kg on May 20 to ₹102 per kg on May 23 — a ₹2 hike within 2 days. Key Reasons Behind the Price Increase: Increased Seasonal Demand: The ongoing summer season has led to a spike in consumption of bottled water and cold beverages, raising the demand for PET resin. Rising Raw Material Costs: Global prices of key inputs like PTA (Purified Terephthalic Acid) and MEG (Monoethylene Glycol) have been on the rise, affecting overall production costs. Tight Supply: Traders report limited availability of PET resin in the domestic market, contributing to the price rise. Major PET Resin Producers Indian Producers: Reliance Industries Limited (RIL): The largest domestic producer of PET resin in India, RIL’s pricing moves are closely tracked by the entire industry. JBF Industries: Another significant Indian manufacturer with a strong presence in both domestic and export markets. Indorama India: Part of the global Indorama group, they supply PET and related materials within the Indian subcontinent. International Producers: Indorama Ventures (Thailand): One of the world’s largest PET resin manufacturers with production plants across Asia, Europe, and the Americas. M&G Chemicals (Italy/Brazil): A major supplier to both the US and European markets. Far Eastern New Century (Taiwan): Known for integrated production and strong presence in East Asia. SABIC (Saudi Arabia): A key Middle Eastern player in the PET and polymer segment with global exports, PET Prices in India, Indian PET Prices, Indian Prices PET, Indianpetrochem. #PETpricesinIndia #IndianPETprices #IndianpricesPET #Indianpetrochem | |
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Target State: All States Target City : delhi Last Update : May 23, 2025 9:48 AM Number of Views: 33 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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