India PET Resin Price Update: Market Insights

Asian PET: Prices fall further amid weak demand / Fundamentals little changed / Winter demand supports polyester

Jun 13, 2026

Asian polyethylene terephthalate prices fell further in the week ended Aug. 20, pressured by weak demand and struggling margins. PET FOB Northeast Asia down $5/mt week over week at $765/mt on Aug. 20, while PET FOB Southeast Asia was assessed down $5 at $840/mt over the same period. Demand cues remained stable to bearish, with no near-term improvement expected, market sources said. A trader in China also cited "bad margins" as a factor hurting producer profitability. Offers for China-loading cargoes in September were heard as low as $770/mt. Meanwhile, the polyester market appeared stronger compared with PET. Demand for winter clothing has boosted buying interest in polyester finished goods, market sources said. Producers enjoyed bumper sales in China over the weekend of Aug. 16, another trader said. "I guess September...

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