LDPE

Low level of activities in LDPE market led to fewer deals being transacted, leading to flat prices in Asia in the week of January 7, 2008. LDPE prices stagnated at US$1665/MT as evident from offers for January shipment quoted by SE Asian suppliers. South Korean producers have refrained from quoting firm offers. A shutdown at Malaysian LDPE plant for the past few weeks due to mechanical problems has affected the market activity.

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