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PET offers from South Korea make further gains

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/05/2018 (10:13)
A source from a South Korean producer reported that they implemented a fresh increase of $10/ton on their export PET offers when compared to their latest done deal level.

“We have been able to conclude deals at our new price level which stands at $1420/ton FOB Busan, cash. We are now monitoring the developments in the market before deciding on our next move,” a producer source commented.

Last week, the producer had sold its PET allocation with a larger weekly hike of $60/ton.
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