IHS Chemical Week

China Polymer Prices Down For All Products

8:00 AM MDT | June 11, 2010 | Lindsey Bewley

PP prices tumbled in Asia this week. With propylene feedstock prices assessed down at the USD 1060/mt FOB Korea levels and with spot demand sluggish, sellers of PP had little choice but to reduce their offers. However, even after lowering their prices, PP demand across Asia failed to lift. Raffia and injection grade PP prices were assessed down at the USD 1200/mt CFR Far East Asia levels. CFR South East Asia prices were down at the USD 1220/mt levels. PP film prices were assessed down at the USD 1250/mt CFR Far East Asia levels while CFR South East Asia prices...

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