Polyester Prices Down 25% In Asia In October (Weekly Report)

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4 November 2008 - Polyester prices further fell in the last seven days in China. Prices lost about 25% on the international market in October. Signs are however emerging since the start of the week in China of a recovery in demand for PTA and MEG which could announce an expected rebound in prices. The polyester pipeline may also suffer from general deflation in the coming period with production being further reduced in line with a new fall in prices.

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