Tuesday, May 04, 2010

Asian PE producers unlikely to achieve price hike targets for May

Finding support from higher ethylene feedstock costs, Asian regional producers have announced significant increases on May PE offers to both China and Southeast Asia, as per Chemorbis. However, these new offers have met buyer’s resistance, who anticipate the impact of new capacities very shortly, pushing prices lower by the beginning of the summer.

For more details on Asian PE producers unlikely to achieve price hike targets for May click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: