Sep 06, 2023
Indian buyers mainly purchased polyester POY and FDY from China. Therefore, the stimulus to small-and-medium sized companies and traders would be limited. Orders will be concentrated in top leading companies. In addition, except for POY and FDY, inquiries for PET fiber chip also appeared, with volume at 1000-3000 tons, but the price was apparently deviated from local China market. That meant actual transactions may be hard to be concluded. CCFGroup will have following-up trace on it.