Asia’s polyolefin markets are likely to remain turbulent in Q1-2011 despite recent price hikes, as feedstock costs are fluctuating and future demand remains uncertain, as per ICIS. Producers are also concerned about the rapid rise in crude oil and naphtha prices, which have put margins under pressure.
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Wednesday, January 12, 2011
Turbulent Q1-11 for Asia’s polyolefin markets on fluctuating feedstock costs, uncertain demand
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