The past week saw local PE prices stable to firmer in Southeast Asia, amid firm ethylene costs and limited availability, as per ChemOrbis. Expectations are divided as to the outlook for May, as some pplayers predict additional price increases driven by supply concerns while others are skeptical of the feasibility of any further price hikes, as spot naphtha prices continue to dip, while demand in the nearby Chinese market remains disappointing.
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Monday, April 16, 2012
Players’ in SE Asia’s local PE market hold divergent expectations
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