Monday, February 08, 2010

Trade barriers could tame Chinese petrochem demand post Lunar New Year break

Prices of select petrochemical products in Asia have been on a downtrend in the absence of a major demand. China’s petrochemicals markets were lacklustre ahead of Lunar New Year celebrations. Though mmarket demand is expected to revive post-holidays towards late February, it may be subdues as compared to the recent past as trade barriers get raised.

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