Asian PET Prices Fall: US Tariff Impact on India

Asian PET: Prices soften on weaker upstream; US tariffs disrupt trade / PET now subject to full US tariffs / Top Asian exporters face trade disruption amid shipment pauses

Jun 08, 2026

Asian polyethylene terephthalate prices softened in the week ended Sept. 10, pressured by weaker upstream costs. Asian PET at $760/mt FOB Northeast Asia on Sept. 10, down $5/mt week over week, while FOB Southeast Asia was assessed at $845/mt, also down $5/mt over the same period. Producers were heard lowering offers in line with a drop in purified terephthalic acid prices, though demand for bottle-grade PET remained subdued amid a seasonal lull, sources said. Adding to market uncertainty, the Asian PET sector was jolted after the US unexpectedly imposed full tariffs on PET imports effective Sept. 8, disrupting trade flows from major suppliers such as Taiwan, Vietnam, South Korea and Thailand. “Shipments from Taiwan and Vietnam are currently on hold,” a Taiwanese source said, underscoring the immediate disruption. Recyclers were...

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