Views: 5 Author: Site Editor Publish Time: 2019-07-08 Origin: Site
PET bottle chip export order intake totaled 320kt in May, and trading focused on the second half month. Jun export order intake is assessed at 250-300kt. Late May-H1 Jun, overseas competitors in South Korea, India and Southeast Asia reacted slowly toward the export price, while China export value closely followed feedstock trend, hence Sino-foreign price spread enlarged rapidly. China regained cost advantage and export sales increased substantially.
China exports to major destinations was steady, largely marking y-o-y growth. Details refer to below figure.