09 March 2011 21:27 [Source: ICIS news]
HOUSTON (ICIS)--Polyethylene terephthalate (PET) prices in ?xml:namespace>
PET prices in
Previous ACP PX settlements were $1,620/tonne CFR for February and $1,380/tonne CFR for January.
Market participants also focused on the effect that ruined cotton crops in
With reduced global cotton availability, textile markets are pushing for increased production of the alternative polyester fibre, which in turn drives production away from bottle-grade polyester, or PET.
PET producers in Mexico are Indorama and Mossi & Ghisolfi.
($1 = €0.72)
For more on PET, visit ICIS chemical intelligence
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