Polyester Prices Still Unchanged in China

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2 December 2008 - Polyester prices are no more falling in China, in line with a slight rebound in PTA prices. Cotton prices are also recovering, therefore offering room for a stabilization in PSF prices. Inventories are also at relatively normal levels. Demand from the textile industry remains extremely weak, however, while crude prices started again plummeting below US$50 on Monday.

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