PET Highlights from 01-15, Mar 2010
Polyester chip price slipped down due to poor demand, though players took different attitudes in the Chinese market during the first half of this last fortnight. Buyers were overall not interested to buy, but downstream chip spinners showed some interest for lower price levels. Polyester chip market continued to soften, as polyester plants lowered offers in the Chinese domestic market. Polyester chip market was stable to soft, as polyester filament yarn demand decreased and raw material price weakened further during the second half of this last fortnight.
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