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South Korean producer raises export PET prices

by ChemOrbis Editorial Team -
  • 06/01/2017 (17:54)
A source from a South Korean PET producer reported that they lifted their export prices when compared to last week owing to increasing MEG costs.

The producer’s offers are $20/ton higher to be reported at $980/ton FOB South Korea, cash basis.

Meanwhile, the producer’s done deal levels are standing at $970/ton with the same terms. “Europe is still living the winter season, therefore demand is weak.” the source said.
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