Asia PET Resin Market Update: Export Prices Retreat as Buyers Eye Year-End Lull

According to the September 25, 2026 ICIS Polyethylene Terephthalate report, Asian PET export prices have retreated following a three-week rally. Dwindling procurement interest ahead of the year-end off-peak season has prompted exporters to adjust offer levels downward to entice volume buying, even as regional supply remains fundamentally tight.

Key Price Indicators & Supply Metrics

• Export Offers Ease: Exporters adjusted FOB China offers downward to around $1,150/tonne by the end of the week, with discussions for November shipments running $10–$20/tonne lower than prompt October loading.
• Rigid Capacity Floor: While buyer demand is slowing ahead of China's Golden Week and the Q4 lull season, Chinese bottle-grade operating rates remain curtailed under 60% (at 59.8%), limiting downside flexibility due to compressed margins.

Procurement Advisory for Global Converters

The current retreat provides a strategic pricing window for buyers to cover requirements for late October and November shipments. Given that factory inventories stand at a tight 2–5 days and major producers continue operating at reduced loads, downside price potential remains bounded by structural cost floors.