Wednesday, April 23, 2008

POLYMERS - HDPE

Dormant demand from China has kept HDPE market outlook gloomy in Asia in the week of April 21, 2008. Absence of buying interest has kept seller offers subdued at US$1600/MT CFR China. In fact, deals for few cargoes have been settled at below US$1600/MT CFR CMP, while some cargoes from South Korea have been traded at US$1590/MT CFR China levels.

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