Tuesday, September 11, 2007

POLYMERS - HDPE

HDPE prices in Asia withdrew to US$1410/MT in the week of September 10, 2007. This dip in prices was due to dwindling demand from China before the start of the national holiday from October 1. The weak demand was because Chinese processors do not wish to accumulate inventory before the holidays. Despite some upbeat selling indications, several suppliers started to lower their offers.

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