Core Market Data & Anti-Dumping Updates
- PET Resin Prices at 4-Month Low: Driven by consecutive weekly drops in feedstock costs, FOB China PET bottle grade prices have plummeted to $930-970/tonne. FOB South Korea prices fell further to $1090-1200/tonne, and FOB Southeast Asia settled at $1030-1150/tonne.
- Upstream PTA & MEG Slump: Purified Terephthalic Acid (PTA) dropped another -$18/tonne to $735-775/tonne CFR China Main Ports, continuously dragging down polymer margins.
- India Anti-Dumping Duties (ADDs) Extended: India has extended its ADDs on Chinese PET resin imports (with intrinsic viscosity
$\ge$
- 0.72 dl/g) for another 5 years from June 19.
- Global Cargo Redirection: Chinese exporters are shrugging off India's ADDs. While Indian buyers look for alternative regional suppliers, top PET resin manufacturers in China are redirecting high-quality volume to competitive global markets, creating highly aggressive export offers for overseas buyers.
Supply Chain Realities: Operating Rates & Freight
While many buyers are adopting a wait-and-see stance as they consume previously purchased expensive stock, factory fundamentals remain healthy. China's overall bottle-grade chips operating rate is steady at 78.8%, with stable inventory levels maintained at 9-12 days. However, rising ocean freight rates and tight vessel space continue to challenge export logistics, meaning securing allocations early is crucial before the seasonal demand peak triggers a rebound.
Direct Factory Sourcing
Looking for a reliable packaging material partner to hedge your cost risks? We provide wholesale export quotas for:
- PET Resin (Bottle / Fibre / Film Grade)
- Premium PET Preforms
- High-purity Recycled PET Flakes
Contact our sales team today for a real-time FOB China price quote and secure your Q3 vessel space before shipping capacity tightens further.
