Polyester Bottle Chip Prices in China Market Decline on February 27, 2025
On February 27, 2025, at 11:19,
Polyester bottle chip prices in the China market fell by 10 RMB/MT to 6,240 RMB/MT. The decline was driven by weak crude oil prices, which dragged the market center downward.
For February deliveries, offers were at 05-30 or 6,200-6,280 RMB/MT, with some local areas slightly higher at 6,300 RMB/MT, and bids were at 6,190 RMB/MT. For March deliveries, offers were at 05-20 or 6,205-6,290 RMB/MT, with some local areas slightly higher at 6,300 RMB/MT, and bids were at 6,190 RMB/MT.