The Asia PET market remained stable to firm during the week ending May 15, 2026, supported by constrained supply and elevated upstream feedstock costs.
Demand across the region remained cautious, with buyers continuing to purchase on a need-based basis.
Operating rates in China remain relatively constrained, limiting overall PET resin supply and supporting firm market pricing.
Export cargo availability from China also remains limited, particularly for nearby shipments.
| Region | Price Range (USD/MT) |
|---|---|
| FOB China PET | 1,190–1,250 |
| FOB Taiwan PET | 1,470–1,530 |
| FOB Southeast Asia PET | 1,320–1,570 |
| FOB India PET | 1,350–1,530 |
Demand for fibre grade PET and film grade PET remained relatively balanced, with stable pricing across most Asian markets.
PTA and MEG prices remained elevated, continuing to support overall PET price trends.
The divergence between upstream cost pressure and cautious downstream demand remains one of the key characteristics of the current market cycle.
The short-term outlook for the Asia PET market remains cautiously firm due to:
However, buyers are expected to continue maintaining cautious purchasing strategies.
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