Polyethylene terephthalate (PET) prices quote flat in the GCC amid stable buying activity

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This week, PET bottle-grade prices exhibited a steady trend in the Gulf Cooperation Council (GCC) region.

An sector source in the GCC region informed a Polymerupdate team member, “Purchasing levels remained stable, though buyers largely stayed on the sidelines, preferring to wait to updated pricing indications from foreign suppliers before proceeding with new purchases.”

PET bottle-grade resin prices were assessed at USD 1250–1300/mt CFR GCC levels, stable from the previous week.

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