Quotations of polyethylene terephthalate (PET) in China remains unchanged against the background of a short working week, according to ICIS, citing market sources.

Manufacturers generally offer PET at USD870 per ton, FOB China, while transactions concluded on the level of USD860 per ton, FOB China.

According to market participants the number of transactions this week, less than in the past. Sources attribute this to the short work week due to holidays in China on September 15-16.

Spot prices of PET on September 9, were at the level of USD855-865 per ton, FOB China.

According to the price review ICIS-MRC, in the Russian demand for PET granulate market in September drops significantly. Spot sales are down on expectations of seasonally processing companies colder weather in autumn. on preventive maintenance stop Polief plant is no effect on the spot market balance. Offer PET Spot sufficient to cover domestic demand processors in Russia. Spot prices of PET in the domestic market last week voiced in the corridor 82 000-85 000 rub. per tonne, FCA enterprise VAT warehouse. Regarding the previous week, the market prices are stable.