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Polymer Prices in China Firm
12:01 PM MST | February 22, 2011 | Lindsey Bewley
Prices of PP firmed in Asia. Prices climbed on the back of rising propylene feedstock costs coupled with worries about tightening regional availability. CFR Far East Asia prices of PP injection and PP raffia were assessed up at the USD 1545/mt levels while PP film prices were assessed up at the USD 1570/mt CFR Far East Asia levels. PP copolymer prices were assessed up at the USD 1600/mt CFR Far East Asia levels. In China, post lunar holiday demand was expected to turn robust. However sellers confirmed that although buying did improve, the pulse was not as...
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