03 May 2012 23:11 [Source: ICIS news]
MIAMI, Florida (ICIS)--US polyethylene terephthalate (PET) prices are projected to drop 1-2 cents/lb ($22-44/tonne, €17-33/tonne) in May, inline with lower feedstock prices and soft demand, sources said on Thursday.
According to a trader, prices will likely be lower by 1.00-1.50 cents/lb, while a buyer anticipates a 2-cent/lb drop from April prices.
April PET domestic prices were assessed by ICIS at 84-89 cents/lb ?xml:namespace>
PET producers in the
($1 = €0.76)
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