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Chinese PET chips trends continue declining this week

18 Oct '14
1 min read

The Chinese PET fibre chips market continued to present a soft outlook and prices went down due to sluggish demand from downstream buyers during the week ending Oct 17.

In the USD based Chinese market, polyester chips prices declined and were quoted around US$ 1180-1200/ton (FOB North East Asia) during this week.

In the Chinese domestic market, average prices of semi dull chips were around RMB 8,140/ton, while super bright chips were offered around RMB 8,140/ton.

CDP chips prices were assessed around RMB 9,950/ton in the domestic market during the reporting week.

Fibre2fashion News Desk - India

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