Hurricane Dean stayed south avoiding America's key petrochemical infrastructure in the gulf area. This was a great relief to the energy markets, which had built in a weather premium during the previous week. The resin markets also reacted this past week by developing a slightly negative tone. Although the change was more in sentiment than price, the resin market might be entering a period of transition, away from still higher prices.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10753&P=P
Wednesday, August 29, 2007
Polymer Market Update in North America, August 27, 2007
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