Thursday, January 19, 2012

Higher production costs push PET prices steadily up in Turkey

Since end 2011, spot feedstock prices have been on a bullish note resulting in steady increases in Turkey’s PET market since start of the new year, as per ChemOrbis. Both import and local PET prices rrecorded week over week increases in the period, while domestic producers also took a firm stance on their prices amid signals of slightly better demand in the first week of 2012.

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