Plastics

Waiting for the Market to Hit Bottom Prices for plastics collapsed late last year amid depressed demand and production output reductions. “Overall, demand for polymers slowed even further during the last few weeks of the fourth quarter, as major economies continued their slide into a recession,” says Sebastian Castelli, analyst at Société Generale (London). The manufacturing industry is minimizing inventory levels due to credit restrictions, and end-users in key demand sectors are planning...

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