Wednesday, March 24, 2010

Initial PP, PE offers for April by SE Asian producers significantly reduced

Several producers in Southeast Asia have announced their initial April offers for both PP and PE to the regional market, with significant decreases. As per Chemorbis, in the PP market, a Thai producerr announced initial April offers with decreases of US$50-60/ton from March to US$1340-1350/ton for homo-PP injection and raffia, US$1360/ton for PP film, all on a CIF SEA, cash basis.

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