IHS Chemical Week

Polymer Prices Subdued in China

2:28 PM MDT | July 5, 2011 | Lindsey Bewley

PP prices tumbled on a combination of bearish triggers including a slide in propylene feedstock rates, subdued buying trends and ample availability, together, prompted sellers to drop their offer prices.The  longer the PP buyer has been waiting ever since the pricing trend reversal started, the more he has benefited. For those in need of cargo, small quantity purchases may be hard to avoid but for others who can delay buying, the postponement to purchase PP can bring with it immense pricing benefits. In China, injection moulding prices have been reduced by...

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