Asian PET: Bottle-grade PET and PSF prices rise; filament yarn stays weak / Chinese bottle-grade PET producers firm up offers / Polyester yarn prices continue to drop on promos

Oct 29, 2026

Asian bottle-grade polyethylene terephthalate and polyester staple fiber prices rose in the week to Oct. 28 on cost support, while polyester filament yarn prices fell as weak demand persisted. Upstream, the ICE December Brent crude futures contract declined $5.24/barrel week over week to $115.13/b at 4:30 pm Singapore time (0830 GMT) on Oct. 28. On the feedstock front, purified terephthalic acid at $1,008/metric ton FOB China and monoethylene glycol at $710/mt CFR China on Oct. 21, up $52/mt and $40/mt week over week, respectively. Chinese bottle-grade PET producers and traders consistently reported higher offers at $1,200- $1,240/mt FOB China on Oct. 28. A Chinese trader at an international commodity trading company said domestic supply was relatively tight, with some sellers already offering December-loading cargoes. A domestic producer added that trading...

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