The Asia PET resin market is currently experiencing divergent price trends due to fluctuations in upstream feedstocks and regional supply constraints.
FOB China prices have softened to approximately $1,130–1,220/MT, while prices in other Asian markets such as Taiwan, India, and South Korea have increased to $1,370–1,500/MT.
Feedstock shortages, particularly in PTA and MEG, are limiting production across multiple regions:
Demand from Europe and the US is improving, while supply in Asia remains tight, supporting higher prices outside China.
In the short term, the PET market is expected to remain supported by tight supply, although feedstock volatility and freight rates may influence buying sentiment.
With relatively lower FOB China prices compared to other regions, buyers may find strong value opportunities in the current market.
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