June 20, 2012- PBC market is consolidated in Eastern China

The polyester bottle chips price increased 100 Yuan compared to the price in the previous time, but still dragged by the downstream consuming power. Recently, the rise trend is difficult to keep increasing. The factories in eastern China quoted about 9,200-9,300 Yuan/Ton, and real transaction price is around 9,100 Yuan/Ton. The downstream purchasing atmosphere became weaker obviously.