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Chinese trader: Export PET prices post fresh hikes

by ChemOrbis Editorial Team -
  • 07/03/2016 (17:45)
A trader operating in Shanghai reported that export PET prices witnessed additional increases at the start of the week. According to him, export PET prices climbed by around $40-50/ton from a week earlier.

The trader’s export PET offers currently stand at $875-885/ton on an FOB China, cash basis. “We were able to sell some materials at $885/ton FOB, cash. PET prices are increasing significantly nowadays,” he commented.
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