Monday, August 11, 2008

Restrained market outlook for LDPE, LLDPE moves up marginally

As both buyers and sellers have adopted a wait and watch policy, LDPE market outlook continues to be restrained on muted transactions. August shipment offers from the Middle East were heard at a subduued US$1930/MT CFR China, but typical offers in Asia continued to hover at least at least thirty dollars higher.

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