IHS Chemical Week

Rising Crude Values Push Chinese Polymer Prices Higher

11:49 AM MST | December 20, 2010 | Lindsey Bewley

Prices of PP firmed in China on bullish energy costs coupled with a rise in propylene feedstock numbers and tight availability. CFR Far East Asia prices of PP raffia and PP injection were assessed up at the USD 1480/mt levels while PP film prices were assessed at the USD 1500/mt CFR Far East Asia levels. Block copolymer prices were assessed up at the USD 1590/mt to USD 1600/mt CFR Far East Asia levels. Propylene prices were up at the US 1240/mt FOB Korea levels, a week on week gain of USD 10/mt.   In China, domestic prices of PP injection and PP raffia were...

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