East China Polyester Bottle Chip Prices Rise on December 11
The East China polyester bottle chip closed at 5,690 yuan/ton, with a fluctuation of 20 yuan/ton. With crude oil rising and PX strongly rising, driven by costs, the focus of polyester bottle chips has shifted upward. December sources are quoted at 5,590-5,750 yuan/ton, with some roads as high as 5,780 yuan/ton or futures contract 2602 discounted by 10 to premium 30, with offers at 5,640-5,750 yuan/ton. As raw material prices rise, low-priced sources are decreasing.
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