IHS Chemical Week

Asia Polymers Move Narrowly

3:13 PM MDT | July 28, 2010

Polymers prices were level this week, especially in polyethylene. Polypropylene prices firmed up during the week, as demand rose and buyers' sentiments improved in comparison to sentiments on polyethylene and polystyrene. However, market sentiment is still relatively low and is expected to remain low in the coming weeks. The market is waiting for polymer prices to hit rock bottom before a rebound, an Asian trader says. Overall, prices are expected to flucturate within a narrow range in the comming months, the trader...

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