Recycled PET Pricing Stability in India: An Analysis

Recycled PET Pricing Stability in India: An Analysis

In recent years, the Indian market for recycled polyethylene terephthalate (rPET) has experienced notable growth, driven by increasing demand for sustainable materials and advancements in recycling technologies. This growth has contributed to a more stable pricing environment for rPET compared to virgin PET.

Market Overview

• Price Stability: According to the IMARC Group, recycled PET prices in India averaged approximately $803 per metric ton (MT) during the second quarter of 2025. This stability is attributed to consistent procurement activity and favorable recycling conditions. 
• Market Dynamics: While virgin PET prices are susceptible to fluctuations in crude oil prices, rPET pricing is influenced by factors such as feedstock availability and recycling efficiency. The development of domestic recycling capabilities has contributed to more predictable rPET pricing.

Strategic Implications for Procurement Teams

• Enhanced Budgeting and Forecasting: The stability in rPET pricing allows procurement teams to develop more accurate budgets and forecasts. With reduced exposure to the uncertainties of crude oil price fluctuations, companies can plan their purchasing strategies with greater confidence. 
• Risk Mitigation: By incorporating rPET into their supply chains, companies can diversify their raw material sources, reducing dependency on virgin PET and, by extension, on crude oil prices. This diversification acts as a risk mitigation strategy, safeguarding businesses against potential cost surges in virgin PET due to oil price hikes. 
• Long-Term Cost Savings: While the initial cost of rPET may be slightly higher due to collection and processing expenses, the long-term benefits outweigh these costs. The consistent pricing and reduced volatility associated with rPET can lead to significant cost savings over time, making it a financially prudent choice for businesses.
  

Conclusion

In a market characterized by volatility, the stability offered by rPET presents a strategic advantage for procurement teams. By integrating rPET into their supply chains, companies can achieve cost savings, mitigate risks, and contribute to environmental sustainability. As the demand for recycled materials continues to grow, embracing rPET is not only a smart business decision but also a step towards a more sustainable future.

Interested in Securing Stable, Sustainable rPET for Your Supply Chain?

Partner with us to access traceable, certified rPET and strengthen your procurement strategy.

Reach out today: contact@gorewise.com

Note: The information provided is based on available industry reports and market analyses as of 2025.