Record high Asian PP prices which surged past US$2000/MT in the first week of July, have witnessed a major drop of US$300 since then. Owing to transportation curbs in China during the Olympics, the PPP inventories are oversaturated thereby softening the week-on-week price by fifty dollars.
For more details on Slowing Chinese demand triggers US$300 drop in Asian PP prices post-July click here
Friday, August 22, 2008
Slowing Chinese demand triggers US$300 drop in Asian PP prices post-July
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment