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Chinese Polymer Prices Edge Higher
10:00 AM MDT | August 9, 2010 | Lindsey Bewley
A spike in propylene feedstock costs coupled with rising demand and firmer energy prices, allowed sellers of PP this week to up adjust sharply their offer prices. PP raffia and PP injection grade prices were assessed up at the USD 1245/mt to USD 1250/mt CFR Far East Asia levels while PP film prices were assessed up at the USD 1265/mt to USD 1270/mt CFR Far East Asia levels. Block Copolymer prices were assessed at the USD 1310/mt CFR Far East Asia levels. Despite the price gains, the buying momentum did not show signs of slowing in the region...
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