IHS Chemical Week

Chemical Prices in Asia Mixed

9:19 AM MST | November 21, 2011 | Lindsey Bewley

Ethylene price levels started showing signs of downward movement this week. The price levels started moving down as the buying sentiments have been low across Asia. A wait &  watch scenario is being observed. Buyers are looking for a further decrease in price levels and hence are not buying the product. Apart from the market sentiments, there would be surplus inventory in the market place due to  which the price levels are expected to further fall in the coming weeks. As per the traders, there is  a strong effort being put in , so that the...

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