Polyester Intermediate Market Prices in Asia

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17 November 2008 - Raw material costs of polyester producers were mixed in the past seven days in Asia, with PTA again falling on spot markets while MEG was slightly increasing. Demand is expected further declining from China's polyester industry, potentially resulting in lower prices in the near term. PTA less dramatically decreased than Paraxylene since the start of the year in addition, leaving room for new price reductions.

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