Polyester Intermediate Market Prices in Asia

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2 February 2009 - Polyester prices clearly rose in China as buyers were progressively returning from their holidays. Polyester intermediate prices stayed unchanged after significantly increasing in the pre-holiday period. New shutdowns were planned in Asia which should offer some support to PTA prices in the near term. With China's capacities being also expanded, however, there is no strong jump in prices expected in the coming months.

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