PTA, MEG prices surge as producer's maneuver production

News Tags: ethylene price, MEG price, paraxylene price, Polyester price, PTA price, yarnsandfiber, YNFX

Mumbai
PTA, MEG prices surge as producer's maneuver production
Summary: 
Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since late March. This time, while the market is yet to see buoyancy, producers’ move to cut operating rate to support prices have come to play.

Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since late March. This time, while the market is yet to see buoyancy, producers’ move to cut operating rate to support prices have come to play.

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