GPPS

GPPS prices rose to US$1480/MT in Asia in the week of September 10, 2007. Improved buying interest from China has helped firm up market sentiments. Buyers in Hongkong and China have started to replenish stocks ahead of national holidays in China. Buyers prefer to stockpile because they anticipate a rise in prices as crude oil and feedstock benzene prices continue to rise.

Related Posts by Categories

Read daily plastics industry news at Plastemart.com