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Sluggish trend continues in polyester as markets seek direction

Related Keywords: ethylene price, MEG price, paraxylene price, polyester fibre price, polyester filament price, Polyester markets, Polyester prices, polyester textile yarn, PTA price

Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as bearish sentiment worked on both supply and demand while derivative, particularly LDPE saw its first fall in three months. In US, ethylene spot slipped as Dow resumes production at Louisiana facility.

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