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Polymer Prices Fall in China
10:00 AM MDT | September 2, 2011 | Lindsey Bewley
As demand for PP further slowed, sellers were forced to reduce their rates. Reports of high volumes of unsold stock with regional traders coupled with falling propylene feedstock prices and subdued buying trends, tipped the scales in the buyers favor. In Asia’s key markets of China and India, the buying pulse was reported as being painfully muted. Holidays across India this week stifled purchase activity while global economic worries kept buyers in China pinned to the sidelines. In China, domestic prices of PP injection and PP raffia were at...
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