Unenthusiastic demand and uncertain market outlook is inducing traders and distributors in Hong Kong to liquidate styrenic resins stocks-in-hand in China as per ICIS. PS and ABS resins values declinedd in recent weeks as traders liquidated stocks on uncertain outlook of demand in September, despite it being the last phase of the traditional manufacturing season, and volatile energy and feedstock SM.
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Friday, September 11, 2009
Unclear market direction induces stock liquidation of styrenics in Asia
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