China PET spot
8,827.17CNY/ton
Observed Oct 19, 2026
Domestic PET reference in yuan. The source does not confirm fiber grade or tax basis.
SunSirsRaw materials · Weekly review
China domestic PET proxy · source grade unspecified
Sources last checked Oct 19, 2026
Each series measures a different market. Compare changes within a series.
8,827.17CNY/ton
Observed Oct 19, 2026
Domestic PET reference in yuan. The source does not confirm fiber grade or tax basis.
SunSirs$1,299–1,343USD/ton
Underlying price dated Oct 19, 2026 · Derived estimate · low confidence
Converted from the China PET observation using dated exchange-rate evidence. The ±$22 range is illustrative, not a measured market spread or a Turkey landed price.
Estimate sourceChina PET proxy softer as PTA, MEG fall
China's PET proxy slipped again while PTA and MEG fell harder on the day, so Chinese polyester input costs are still easing. SunSirs does not say whether the print is bottle or fiber grade, so the converted band is a domestic proxy, not a fiber-grade spot or Turkey import price.
Our read: feedstocks falling faster than PET weakens the cost case for firmer chip offers, though POY held, so the relief has not shown up in filament. This rests on a print of unspecified grade (bottle or fiber) and unverified tax basis; test it against like-for-like fiber-grade quotes.
Watch next: Next SunSirs PET, PTA and MEG prints, whether POY follows feedstocks lower, USD/CNY, and any dated source naming the PET grade and tax basis.
Different markets and grades provide context. They are not direct quotes for this material.
$107.94/bbl for Oct 19 on TradingEconomics' OTC/CFD proxy (not an official benchmark). The dated text says -1.75% (~-1.8%) vs the prior session; the widget shows -1.94%.
TradingEconomics7,054.50 RMB/t dated 2026-10-19, ~$1,056 at 6.6809 CNY/USD. Down ~2.4% from 7,231.00 on 10-18 (unchanged 10-16 to 10-18).
SunSirsEthylene glycol 5,808.33 RMB/t dated 2026-10-19, ~$869 at 6.6809 CNY/USD. Down ~2.7% from 5,966.67 on 10-18 (flat 10-15 to 10-18).
SunSirs9,066.67 RMB/t dated 2026-10-19, ~$1,357 at 6.6809 CNY/USD. Down ~0.7% from 9,132.50 on 10-18 per the product page (the overview compares with 10-16 and shows -0.21%).
SunSirs9,640.00 RMB/ton dated 10/19 (year not shown; taken as 2026), ~$1,443 at 6.6809 CNY/USD. Unchanged from 10/18; the step up from 9,606.67 came on 10/16.
SunSirsMonthly estimates through Oct 19, 2026. Historical figures have not been independently revalidated. Carried-forward months after that date are omitted.
The range uses a public SunSirs China PET spot observation converted from RMB to USD. It is a domestic-market proxy, not a directly assessed fiber-grade import price. Grade, tax basis, exchange rate and delivery terms must be matched before comparing it with a supplier quote.
We check sources weekly. If a source cannot be verified, its previous value and date remain visible without implying that the market was unchanged. Published dates refer to observations; source checks have their own date.
Prices and analysis are for market context. Confirm a current quote for your grade, origin, tax and delivery terms before making a purchasing decision.
PET (polyethylene terephthalate) is the plastic behind polyester. It arrives as small chips made from two chemicals — PTA and MEG — and in furnishings becomes rug face yarn, upholstery fabric, curtains, and the fibre fill inside cushions and mattresses. A growing share is recycled (rPET) from bottles.
The chips are melted and spun into yarn — continuous BCF filament for machine-made rugs, or staple fibre for softer textiles. Carpet-grade chips need higher molecular weight (IV ~0.85–1.05) than apparel-grade so the pile resists crushing. Colour can be locked in at spinning, just like PP.
Polyester yarn spinners and the mills they feed: rug producers in Turkey (where SASA supplies much of the domestic chip), Egypt, India and China, plus home-textile and upholstery makers worldwide. China dominates global chip output, which is why its domestic print is the benchmark everyone watches.
When the indicators turn, we flag it — resin, chips and the costs behind carpets, textiles and furniture. Free, for buyers and manufacturers.