Polyester Intermediate Prices on the Asian Market
Polyester intermediate prices were more stable in the last week in Asia. A new surge in crude oil prices to fresh record levels offered some support to spot markets for PX, PTA and MEG. May contract prices for paraxylene and glycol were also nominated at higher levels than in the past month. Demand from textile…
Egytex News Desk
Egytex
Polyester intermediate prices were more stable in the last week in Asia. A new surge in crude oil prices to fresh record levels offered some support to spot markets for PX, PTA and MEG. May contract prices for paraxylene and glycol were also nominated at higher levels than in the past month. Demand from textile industry in China is still depressed by yuan's appreciation, however, with pessimism again dominating the polyester chain.
Source: EmergingTextiles.com
From the Egytex news archive, first published on 21 April 2008. Figures and names are as reported at the time.
