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Prices28 May 2019Polyester staple fibre prices moderated opening the week in China, as the markets were dragged by softening feedstock and flat sentiment, prompting producers to lower offers and provide more discounts
Prices28 May 2019Polyester filament yarn (PFY) prices in China nosedived in line with the decline in upstream feedstock prices
Prices28 May 2019Purified terephthalic acid (PTA) prices declined in Asian markets on slow demand from downstream polyester industry as some factories were on maintenance works and operating rates gradually fell. In China, the average operating rate of plants was at 86% this week
Prices13 May 2019The US President’s threat to hike tariffs on the latest batch of US$200bn worth of imports from China from 10% to 25% from 10 May would hit a broader range of chemicals than in previous rounds, thus magnifying the impact on the US, China and global economies.
Prices13 May 2019This week, the market from the Australian wool auctions were largely in the buyer’s favour. The operations featured a continued weakness of the two largest Chinese operators within the Merino fleece sector. This lack of purchasing saw the segment drift downwards, as the exporters that were interested were advantaged and this allowed the price to drop back to their ideal levels.
