PET fiber chip market weakened this week as feedstock slipped lower and end-user demand softened. Buyers mainly stood on sideline. Downstream haven’t started to build stock. Mainstream offer moved lower, so was traded price. Average fall was around 150-2
PET fiber chip market hiked and then trimmed gains this week, mainly impacted by feedstock trend as Saudi Arabia oil was under attack. Early week, crude oil skyrocketed, polyester feedstock also soared, bringing up polyester trading atmosphere.
