In line with market expectations, domestic price increases were witnessed in markets of China and Southeast Asia on the first trading day of 2009, as per Chemorbis. In addition to bullish market sentiiments, factors such as persistently firming upstream costs, expectations of supply constraints and reports of better end product demand from the packaging sector have all contributed to the recent price hike.
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Wednesday, January 06, 2010
First trading day of 2010 brings price hikes to Asia’s local PE markets
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