Polyester Intermediate Prices on the Asian Market
prices less significantly increased in the last week in Asia while glycol prices even declined. Crude oil prices recovered above US$100, therefore pushing up paraxylene and PTA on Asian spot markets. Larger MEG production and more pessimism from China's textile industry however limited any attempt to raise prices…
prices less significantly increased in the last week in Asia while glycol prices even declined. Crude oil prices recovered above US$100, therefore pushing up paraxylene and PTA on Asian spot markets. Larger MEG production and more pessimism from China's textile industry however limited any attempt to raise prices.
Source: Emergingtextile.com
From the Egytex news archive, first published on 31 March 2008. Figures and names are as reported at the time.