• 21.05.2012, Monday
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Players bracing for further price reductions in China's PE market

Players in China’s PE market are expecting to see further price reductions this week as upstream costs continue to move lower while buyers are sticking to the sidelines waiting to see more competitive prices. Rising availability for Central Asian origins and mounting difficulties…

 Polymer Digest

PP  15 May -   Sizeable decreases passing in spot PP market

PVC  16 May -   Some sellers yield to poor PVC demand

PE  17 May -   Competitive Mid-Eastern PE steps up pressure

PS  18 May -   Modest hikes materializing in spot PS deals

ABS  21 May -   Door to ABS imports remains open in Italy

PET  18 May -   Spot PET deals indicate monthly decreases

    Plastics News
>More  

Weekly Market Drivers for the USA

Import Taiwanese ABS dealt well below local offers in Italy

Thai auto output estimated to top 2.2 million units

Domestic PP prices continue to move lower in Indonesia

Japan in talks with Myanmar on investment treaty

PP prices lose further ground in China

Thai Paraxylene to start up new PX and benzene capacities

Thai economy expands in Q1 on flood recovery

ICE July Brent crude rose $1.30 to $107.80/bbl Friday

    Monomer Markets
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