NWE PTA was understood to be firming on slightly reduced output in the absence of Lotte UK’s Wilton plant, with the domestic outlook “very optimistic”, according to a producer. “The dollar is strong. Asian prices have corrected, and there is a healthy picture for a change. I think it’s good for the industry,” the source said. However, in downstream PET demand was said to be tailing off, with disappointing weather conditions seeing less demand for bottled drinks.
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