Sunday, August 28, 2011

Weak buying sentiments in China to stagnate propylene spot prices

Propylene spot prices in China may not increase further on weak buying sentiments amid worries over the global economy and volatile feedstock crude prices, as per ICIS. The European debt crisis and thhe prospect of a double-dip recession in the US could affect demand for finished goods from China, which is the world's largest manufacturing and exporting hub.

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