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Shrinking Chinese polyester margins: implications for paraxylene

Featuring Vandana Hari, Michelle Kim and Anton Ferkov

May 09, 2014 16:00:00 EST (12:33 mins)

China's appetite for polyester and its raw material paraxylene seemed insatiable in recent years. But the trend appears to be shifting. Amid slowing demand and a capacity glut, PTA margins are shrinking. And in turn, they have dragged feedstock paraxylene margins into the red. What does this portend? Vandana Hari, Asia editorial director, discusses the trend with Michelle Kim, senior editor, and Anton Ferkov, managing editor.

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Asian Petrochemicalscan
Asian Petrochemicalscan

Asian Petrochemicalscan provides weekly market updates, commentary and assessments ranging from naphtha feedstocks to aromatics, olefins, and polymers in Southeast Asia, Korea, Taiwan and Japan.

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