November PP prices have been announced higher to Asia, Turkey. The increases came despite fluctuating crude oil prices, hesitant demand in China as a result of the Chinese Central Bank’s recent decisiion to raise interest rates, along with the lower spot propylene costs, which have been posting gradual decreases since the middle of October in Asia (total decrease of US$55/ton since then), as per Chemorbis.
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Thursday, October 28, 2010
Polypropylene prices for November higher to Asia, Turkey
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