The upward trend that had been in place in China’s PP and PE markets since mid December gained speed following the end of the Chinese New Year holiday at the beginning of February, as per ChemOrbis. HHowever, the resistance against rising prices built on the buyers’ side has grown, forcing traders and distributors to step back from their offers.
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Monday, February 20, 2012
Upward trend continues seen in China’s PP, PE markets
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