India R-PET Market Strengthens on Improved Demand and Firmer Replacement Costs

India’s recycled PET (R-PET) market was firmer on Thursday, with improved sentiment across major markets including Delhi, Bangalore and Kolkata. Steady buying from downstream companies, higher virgin PET replacement costs and limited availability of good-quality recycled material supported prices. Converters and traders increased purchases to replenish stocks, with food-grade and bright R-PET chips and export-quality natural flakes attracting particular interest.

Raw material availability remained a key factor, as higher collection and processing costs and uneven supplies of clean, well-sorted material enabled suppliers to maintain firm offers. The flakes market was also active, with steady demand for both natural and coloured grades, while export-quality flakes remained especially sought after due to tighter availability and quality requirements.

The market outlook remains cautiously positive. In the near term, R-PET prices will depend on downstream buying, scrap bottle availability, production costs, virgin PET prices and supplier inventory levels. Any improvement in raw-material supply or slowdown in demand could limit further price increases.

Delhi R-PET Market
Delhi’s R-PET market firmed on Thursday as converters and processors returned to replenish stocks, while limited availability of good-quality recycled material and higher virgin PET replacement costs supported prices. R-PET chips saw healthy demand across food- and non-food-grade material, with buyers preferring bright, consistent-quality chips; natural export-grade and coloured flakes also remained in demand. The market is likely to stay firm in the short term, though improved scrap availability, weaker buying or softer virgin PET prices could limit further gains.

Bangalore R-PET Market
Bangalore’s R-PET market strengthened on Thursday as downstream buyers increased purchases, supporting prices across chips and flakes. Food- and non-food-grade chips, including semi-dull and dull grades, remained in demand, while natural export-quality, green and brown flakes also attracted buyers. Prices are expected to remain supported if converters continue replenishing stocks, although slower factory demand could cap further increases.

Kolkata R-PET Market
Kolkata’s R-PET market remained firm on Thursday, supported by improved downstream buying, higher replacement costs and rising collection and processing expenses. Better-quality chips and clean, well-sorted flakes, particularly natural export-grade material, continued to attract buyers amid uneven supply. The market should remain positive in the near term, although weaker demand or improved raw-material availability could ease price pressure.

Near-Term Outlook
India’s R-PET market is expected to remain firm in the near term, supported by healthy downstream demand and limited availability of quality recycled feedstock.

Market participants will closely watch virgin PET prices, scrap collection, processing costs, seasonal demand and inventory levels. Stronger consumption could provide further price support, while weaker buying or improved feedstock availability may limit gains.