The average prices of PET scrap saw a consistent rise across the month. It should be noted that the prices across the country varied by at least 5-6% and the price fluctuation due to local factors has impacted the national average.

A consistently high rate was observed in Himachal Pradesh with ₹ 48.5/Kg at the highest. On the other hand, lowest rate was observed in North Western states like Gujarat – ₹ 43.5/Kg.

Week 1 (1st – 7th September)

Highest ⬆️ :  ₹   43/kgLowest ⬇️ :  ₹   46.5/kg

Week 2 (8th – 14th September)

Highest ⬆️ :  ₹  41.5/kgLowest ⬇️ :  ₹   47/kg

Week 3 (15th – 21st September)

Highest ⬆️ :  ₹ 44.5/kgLowest ⬇️ :  ₹  48/kg

Week 4 (22nd – 31st September)

Highest ⬆️ :  ₹  43.5/kgLowest ⬇️ :  ₹   48.5/kg

Factors affecting PET bottle Scrap prices

There are multiple factors affecting the PET bottle Scrap prices in India. In a broader view, the prices have seen a rise due to – Gaps in Demand & Supply.

To be more specific, the other factors affecting PET bottle scrap prices in India are:

• Consumer consumption behaviour due to the heavy monsoon that affected many parts of the country – led to low availability of PET plastic.
• Pandemic related disruptions in consumer industry
• Disruptions in Transportation and surge in demand for logistics
• Global and National crude oil prices
• Prices of Virgin PET plastic, Flakes, Fibre and more

Want to buy and sell your PET scrap easily?

Head over to Recykal Marketplace mobile applications – a one-stop solution for buying and selling your baled PET scrap to buyers around the country.

Download the App now!