IHS Chemical Week

Prices Edge Higher in China

12:10 PM MDT | October 15, 2010 | Lindsey Bewley

 PP prices raced higher in Asia this week. Gains were on the back of a series of bullish triggers including rallying prices of propylene feedstock and strong demand trends recorded in China. PP raffia and PP injection prices were assessed up at the USD 1310/mt CFR Far East Asia levels while PP film prices were assessed up at the USD 1330/mt CFR Far East Asia levels. Block Copolymer prices of PP were assessed up at the USD 1380/mt CFR Far East Asia levels.   In China's domestic markets, prices of PP injection this week were hiked sharply by Sinopec...

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