Wednesday, September 05, 2007

Polymer Market Update in North America, September 3, 2007

It was a fairly busy week for spot resin trading. Contrary to the past few months, this time it was the sellers who were the aggressors into month end. In prior months, buyers had procured additional lots of resin as protective measures ahead of pending price increases; however, the market sentiment has begun to change. Now the general feeling is that even with more price increases nominated, the commodity resin markets might very well have topped and could potentially even move lower.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10799&P=P

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