Price Trends for Asian Polymers

Polymer prices in Asia continued on their downward path last week. The markets are still sluggish and buyers are working at the minimum inventory levels.   Buyers are waiting for rock bottom price levels, which may not happen too far from now, market watchers say. It is expected that the prices can not go down any further; prices are expected to remain at the current prices or rebound. There is ample feedstock in the market, players say. Demand for polymers in the downstream market is expected to stabilize in the region in the coming weeks, clearing up the...

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