Polymer - GPPS

Price for GPPS rose marginally, and remained range bound between US$1470-1475/MT in Asia in the week of Sep 3, 2007, as PS market sentiments softened. The market remained low key despite a rise in feedstock SM prices. Demand from China continues to be restrained and few transactions have been recorded even at this low price range. This can be because PS demand continues to wane in China as an effect of the global recall of Chinese toys.