Polyester fiber and plastics maker Shinkong Synthetic Fibers Corp (新光合成纖維) yesterday gave an upbeat outlook for the current quarter, expecting prices to remain high as a rally in crude oil prices is helping to prop up raw material costs.
In addition, China’s power crisis and energy consumption controls have halted factory production and curtailed supply, Shinkong Synthetic president Samson Luo (羅時銓) told reporters on the sidelines of a product launch in Taipei.
“We have seen a surge in prices of ethylene glycol and purified terephthalic acid, two important raw materials used to produce polyester fibers. That has prompted price increases for polyester
Taiwan Business Quick Take - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Global
Polybutylene Terephthalate Market report provides relevant market insights covering all crucial parameters. This report covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. This study addresses the global and regional markets with a thorough analysis of the overall growth expectation in the market. It also provides survey of major market players, industry news analysis, industry chain structure, growth drivers, and future roadmap. Moreover, the global Polybutylene Terephthalate market report analyzes marketing channels and offers development trends. The future market growth and opportunities are analyzed and overall research conclusions are offered in the report.