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Trader lifts export prices for Chinese PET

by ChemOrbis Editorial Team -
  • 22/04/2015 (14:38)
A trader based in Vietnam reported that they raised their export Chinese PET prices by $70/ton compared to last week, bringing their new offers to $1090/ton FOB China, cash.

He stated, “We have managed to conclude some deals for small quantities at this level. We expect the PET market to maintain its current firm trend over the near term since stronger costs are supporting higher levels.”

In China, export PET prices currently stand at $1060-1090/ton on an FOB China, cash equivalent basis.
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