Polyethylene terephthalate prices China - Arhive
Polyethylene terephthalate prices China
PET prices in China are at the level of USD910-920 per ton
MOSCOW – The price offers of polyethylene terephthalate (PET) in China on Monday, August 5, were at the level of USD910-920 per tonne, FOB, ICIS reports citing market participants.
According to the source, some transactions were concluded at the level of USD890 per tonne, FOB China.
Earlier it was reported that the price offers of polyethylene terephthalate (PET) in South Korea fell last week amid falling prices for raw materials – purified terephthalic acid (TFA). Most of the offers from manufacturers were at a price of USD930-960 per tonne, FOB Korea, while there was a counter offer of buyers at the level of USD920 per tonne, FOB Korea.
According to the ICIS-MRC Price Review , in August Russia is expected to decrease demand in the spot market, which was already significantly lower than in the same period last year. Polyethylene terephthalate prices China
Granulate producers, with rare exceptions, will supply material to contract customers. The vast majority of prices for contract customers in August is in the range of 81,000-86,000 rubles. per tonne, CPT Moscow, including VAT.
Author: Anna Larionova