ChemOrbis

Asian PE buyers head to the sidelines as China’s domestic market weakens

In Asia, trading activity has fallen off considerably this week as falling prices in China’s domestic market have led many buyers to the conclusion that regional PE prices will begin to move lower over the near term. High stock levels inside China provide further support to buyers’ case for…

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S.European PP raised by €70 to €…

W.European PP sold €60 higher at €…

S.European PVC purchased €10-30 up at €…

Bids for PVC k70 €10-20 below offers €…

S.European LDPE sold €60 higher at €…

Iranian HDPE purchased stable at €…

W.European PS sold €40 higher at €…

W.European PS hike revised down to €…

Polymer Digest

PP 9 Mar - Cost pressure on PP growing despite low demand

PVC 10 Mar - Poor demand, lack of cost support put cap on March PVC hike targets

PE 11 Mar - Spot LDPE moves higher, HDPE mostly rolling over

PS 12 Mar - Central European PS provides a competitive edge in spot market

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PP | PVC | PE | PS

Factors to Watch

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High stocks prompt traders to reduce PS offers to Asia

LDPE hikes passing regardless of steady ethylene in Italy

IEA raises global oil demand forecast for 2010

Initial March PX contract settles in Europe

Re-export PE offers from China remain available in SEA

Industry News

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Euro-zone Jan factory output rises most in 20 years

LyondellBasell gets court approval, pursues debt financing

Chandra Asri to expand LLDPE capacity in late 2011

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PLAST MEC P.V.C SpA

PLAST MEC P.V.C SPA has worked for over 30 years exclusively in the manufacturing of plastics for construction use. The company provides many different products to the construction industry, including products for large public works.

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