Tuesday, August 02, 2011

Asian PET market strengthens on costs, better demand, supply issues

PET prices in Asia rose as they saw support from several factors including higher upstream costs, improved demand and tight availability as per ChemOrbis. Amid these bullish market dynamics, data obtaained from Chinese Customs shows that the country’s PET exports rose 44% in H1-2011 when compared with H1-2010.

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