Chemical Updates

Asian Recycled PET: Prices soften on high freight costs, weak demand / High freight costs deter overseas buyer interest / Recyclers lower offers, struggle to meet buyer price expectations

Aug 03, 2026

Asian recycled polyethylene terephthalate prices softened in the week to July 29, amid high freight costs and weak demand. recycled-PET clear flakes FOB Southeast Asia stable week over week at $850/metric ton on July 29. recycled-PET clear flakes premium grade FOB SE Asia down $5/mt week over week at $875/mt on July 29. recycled-PET food-grade pellets FOB SE Asia down $20/mt week over week at $1,245/mt on July 29. Recyclers across Southeast Asia observed little change in domestic demand during the week, with a few customers switching from virgin material despite slight fluctuations in virgin PET and crude prices. As of July 29, PET bottle grade FOB Southeast Asia down $5/mt week over week at $1,080/mt. Upstream, the September Brent futures contract settled at $87.34/b at 4:30 pm Singapore time...

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