I said I would not post, but PET holders should read Robert Gottliebsen's column in the Australian discussing Australian cotton exports to China. Whether it applies to PET I do not know.
"In the past Chinese traders have been very anxious to protect “face”. Not so this time. Punishing Australia is now the name of the game in China, because Australia is very much on the outer in Beijing. The Australian contracts were not honoured...In Chinese eyes we have been behaving badly for over a decade and need to be punished. When dealing with China, Australians need make sure they get their money quickly and are not too exposed."
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