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Chinese PET producer lifts export prices

by ChemOrbis Editorial Team -
  • 12/10/2016 (17:45)
A source from a Chinese producer reported that they have raised their export PET prices by $5-10/ton in line with the firming crude oil prices. The producer’s export PET prices currently stand at $845-855/ton on an FOB China, cash basis while their CIF Southeast Asia based offers are at $855-865/ton.

According to the source, demand is slightly better, especially from the South American market. “In general, price and demand have not changed much in the market,” he added.
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