IHS Chemical Week

Polymer Prices Firm in China

8:45 AM MDT | October 22, 2010 | Lindsey Bewley

Prices of PP in Asia continued to journey northward. Despite the fall in propylene feedstock values which on Thursday were assessed down at the USD 1140/mt FOB Korea levels, sellers of PP successfully steered their offer prices higher this week, citing tight availability and a spike in regional demand. PP injection and PP raffia prices were assessed up at the USD 1350/mt CFR Far East Asia levels while PP copolymer prices were assessed up at the USD 1450/mt CFR Far East Asia mark. In China, local ex-work prices were assessed up at the Yuan 11300/mt to Yuan...

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