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Polymer Prices Firm In China
12:08 PM MST | January 14, 2011 | Lindsey Bewley
Polypropylene (PP) prices bolstered in Asia. Prices firmed on the back of a steep climb in upstream prices of propylene and tight availability of prompt cargoes. Supporting the rise in prices were steady buying trends in many parts of Asia. Propylene prices were assessed up at the USD 1305/mt FOB Korea levels. The spike this week in the feedstock price prompted sellers of PP to revise their offers higher. PP injection and PP raffia prices were assessed up at the USD 1495/mt CFR Far East Asia levels while PP film prices were assessed up at the USD 1515/mt...
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