Ample competitiveness has pushed US polyethylene producers to defer their 5 cents/lb price hike for August to September, as per Platts. ExxonMobil was said to be the first producer to give up on the iincrease and others have followed, as demand does not seem strong enough to support the August increase.
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Monday, August 22, 2011
US polyethylene makers begin to push August increase to September
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