Polyester value chain has seen a significant decline in recent weeks, driven by a 9.62 per cent drop in crude oil prices since July 2024.
PSF prices have decreased by less than 2 per cent in China and around 6 per cent in India.
WTI crude oil prices fluctuated but ended August at $75.39 per barrel.
PSF prices in both markets have shown a downward trend.

| Crude oil falls 9.6% over 2 months; PSF drops 2% in China, 6% in India