China PET bottle resin prices hit five-month high after holiday

China's PET bottle grade export and domestic prices have risen to five-month highs since the National Day holiday, with FOB offers climbing above USD 1200 per tonne. Higher feedstock costs and tighter supply drove the increase, but buyer resistance and the approaching year-end slowdown are raising doubts over further hikes.

Why this mattersHigher PET resin costs in China feed through to beverage bottle and packaging input costs across export markets.

• China PET bottle export and domestic prices reached five-month highs after the National Day holiday.
• FOB offers climbed above USD 1200 per tonne.
• Price gains attributed to rising feedstock costs and constrained supply.
• Buyer resistance and an expected year-end slowdown are casting doubt on further increases.

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