Polyester Intermediate Market Prices in Asia

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9 February 2009 - Prices are now surging in the polyester pipeline in Asia. A lack of supply is boosting PTA prices to strongly higher levels while glycol is also rising. Polyester prices are clearly increasing in China and polyester production is therefore expected rising with a new jump in intermediate prices in the near future, as a result. Optimistic atmosphere is also being fueled by China's new textile plan.

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