Asian PET: Prices hold steady as Golden Week holidays stall trade / Buyers expect China prices to decline after the holidays: producer / India recommends antidumping duties on PET film imports

Oct 12, 2026

Asian bottle-grade polyethylene terephthalate prices were unchanged in the week ended Oct. 7, as market activity slowed with Chinese participants away for Golden Week holidays from Oct. 1-7. PET FOB China at $1,180/metric ton Oct. 7, while PET FOB Southeast Asia was assessed at $1,240/mt, both stable week over week. Upstream, the ICE December Brent futures contract gained $4.70/b week over week to $101.32/b at 4:30 pm Singapore time (0830 GMT) Oct. 7. On the feedstock front, with purified terephthalic acid at $965/mt FOB China Oct. 7, up $22/mt week over week, and monoethylene glycol stable at $750/mt CFR China. In the FOB China market, no new indications were heard during the week as trading ground to a halt amid China’s Golden Week holidays. In Southeast Asia, sellers also noted...

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