Wednesday, August 29, 2007

Polypropylene

The PP markets remained laggard and stagnated at last weeks' levels of US$1400/MT in Asia in the week of August 27, 2007. Suppliers did try to hike offers by 15-20 dollars, but dull buying interest maintained PP prices at last weeks' level. Thin transactions were seen in the market, except small cargoes for immediate shipment on account of this low buying interest.

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