Turkey’s ABS market maintained its bearish trend in early June as rapidly falling upstream costs and sufficient supply continued to weigh down on sellers, as per ChemOrbis. Apart from these dynamics, players pointed to the ongoing liquidity problems, which had caused attractive deals to be concluded with longer payment terms in May, and the impact of volatility across major economies as other triggers behind the continuous downwards momentum.
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Thursday, June 14, 2012
Downwards trend gains speed in Turkey’s ABS market
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