Notwithstanding falling feedstock propylene prices, polypropylene prices continued at last weeks’ US$1490/MT in Asia in the week of February 25, 2008. Weaker propylene prices have not yet impacted supplier offers persisting at US$1520/MT CFR China for March shipment. Meanwhile, Chinese buyers expressed an interest in buying at lower prices, directing conclusion of deals at US$1490/MT CFR China.
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