Commodity News
SunSirs: China Domestic PET Producers Lower Quotes on August 5
August 06 2026 14:18:26 SunSirs (Selena)
On August 5, Jiangsu Sanfangxiang quoted PET at 7,280 RMB/tonne, and Zhejiang Wankai quoted it at 7,380 RMB/tonne; both prices represented a decline from the previous trading day.
Regarding the spot market, major domestic PET producers Jiangsu Sanfangxiang and Zhejiang Wankai issued quotes of 7,280 RMB/tonne and 7,380 RMB/tonne, respectively, on August 5. These figures reflect a drop from the previous trading day, indicating weak supply-demand dynamics and downward pressure on spot prices—a generally bearish signal for the PET market.
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