Asian PET: Prices rise on firmer feedstock costs despite weak demand / Higher crude, PTA prices support PET sentiment / Polyester yarn, fiber markets largely cost-driven: trader

Oct 17, 2026

Asian bottle-grade polyethylene terephthalate prices rose in the week ended Oct. 14, supported by stronger upstream crude oil and feedstock markets. PET FOB China up $20/metric ton week over week at $1,200/mt on Oct. 14, while PET FOB Southeast Asia rose $25/mt to $1,265/mt over the same period. Upstream, the ICE December Brent crude futures contract rose $4.33/barrel week over week to $105.65/b at 4:30 pm Singapore time (0830 GMT) on Oct. 14. On the feedstock front, purified terephthalic acid at $991/mt FOB China on Oct. 14, up $26/mt week over week, while monoethylene glycol fell $45/mt to $705/mt CFR China over the same period. Chinese producers said the market rebounded during the week, supported by higher crude oil prices and a combination of factors across the polyester value chain....

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.