As the Beijing Olympics get scheduled to start today, HDPE demand from China was extremely dull, pressing down prices below the 1800 level. As the prices dip to below US$1800/MT CFR China, and demand from China continues to be lackluster, sellers are trying to divert cargoes to countries with better price realization- like those in Latin America, Africa and Europe.
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Friday, August 08, 2008
HDPE markets quieter as Beijing Olympics just around the corner
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