Export PET offers from South Korea rise after three months
by ChemOrbis Editorial Team - content@chemorbis.com
A source from a South Korean PET producer reported that they increased their export prices this week after applying steady decreases since the first half of September.
The cautious recovery in China’s PET market amidst low supplies was cited as the reason behind the producer’s firmer pricing while the source noted, “Demand is moderate.”
On a weekly basis, the producer lifted its prices by $20-30/ton to $1140/ton FOB South Korea, cash.
The cautious recovery in China’s PET market amidst low supplies was cited as the reason behind the producer’s firmer pricing while the source noted, “Demand is moderate.”
On a weekly basis, the producer lifted its prices by $20-30/ton to $1140/ton FOB South Korea, cash.
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