As demand recedes, Asia’s PE markets have witnessed significant declines over the past few weeks amid deteriorating economic conditions. As per Chemorbis, although major Asian producers have announcedd large price cuts on their June offers, sellers offering Iranian and Middle Eastern materials have been able to capture an increasing share of the scant buying interest by undercutting the general market level.
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Sunday, May 30, 2010
Asian PE sellers face stiff competition from Iran, Middle East
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