Asian purified terephthalic acid fell $30/mt week on week to be assessed at $920/mt CFR China Friday — the lowest level since June 14, 2012 — amid continued selling pressure due to a bearish polyester market. The discussion level fell to $920/mt CFR China Friday from $945-950/mt Monday. China’s polyester sector remained bearish this week, with no demand recovery heard after the Lunar New Year holidays.
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