Related Keywords: ethylene price, MEG price, paraxylene price, Polyester price, PTA price, yarnsandfiber, YNFX
Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since late March. This time, while the market is yet to see buoyancy, producers’ move to cut operating rate to support prices have come to play.
