Wednesday, October 31, 2007

POLYMERS - Polypropylene

Dull market sentiments, particularly from China, have kept the PVC markets lackluster. Prices stagnated at US$1360/MT in Asia in the week of October 29, 2007. Deals were not transacted as a wide gap of almost twenty dollars existed between supplier quotation and buyers intentions. Buyers expect that the supply and demand would be balanced in November, causing no improvement in demand from China.

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