Polyester Prices in Asia

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12 October 2008 - Polyester intermediate prices sharply declined in the last week in Asia, resulting in a strong fall in PSF prices in China. The general decrease in stock and commodity markets heavily depressed crude oil prices, with naphtha, paraxylene and glycol prices plunging over the week. PTA prices more resisted after China's major supplier Hualian Sunshine was forced stopping production due to financial difficulties.

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