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Polymer Prices Slip in China
11:41 AM MST | November 29, 2010 | Lindsey Bewley
Prices of PP were seen slipping in parts of Asia. A tumble in propylene feedstock rates accompanied by a demand slowdown in key markets like China and India were also seen responsible for the price decline in PP rates. PP injection and PP raffia prices were assessed down at the USD 1400/mt CFR Far East Asia levels while PP film prices were assessed down at the USD 1420/mt CFR Far East Asia levels. In China’s domestic markets, ex work prices of PP injection and of PP raffia were assessed at the Yuan 12050/mt to Yuan 12100/mt levels. “We are not...
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