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Sinopec raises July pre-offers for polyester chips
21
Jul '12
Sinopec Group has increased its pre-offer prices of polyester chips for July contracts.
 
The revised pre-offer prices are 9500 Yuan/ton for semi-dull polyester chips, bright chips and industrial yarn grade chips, while the pre-offer price of dull polyester chips is 10,300 Yuan/ton.
 
The polyester chip market has seen some growth during the past few days, but buying by downstream sectors has not increased significantly.
 
At present, the mainstream price for polyester chips in terms of cash payment is in the range of 9400-9450 Yuan/ton.
 

Fibre2fashion News Desk - China

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