Wednesday, September 22, 2010

Higher feedstock costs push Asian PET higher

Trading activities have improved in the Asian PET market over the past week as overall offer levels are supported by the higher feedstock costs, as per Chemorbis. Spot PX gained US$35/ton CFR Northeasst Asia on the week, while prices reached the highest levels reported since May, surpassing the US$1000/ton threshold.

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