Friday, June 04, 2010

PP and PE rising in Italy, defying global downturn in polymer prices

For over a month, PP and PE markets have been falling in Asia amid persistently sluggish demand and plunging feedstock costs. As per Chemorbis, rising concerns regarding the health of the global econoomy following the debt crisis in Europe has weighed down buyers’ sentiment pushing them away from the market and forcing sellers to destock.

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