Thursday, November 22, 2007

POLYMERS - ABS

ABS prices in Asia rose to US$1770/MT in the week of November 19, 2007, caused by rising cost pressures. Offers for December are anticipated to see a rise despite lackluster buying interest from China on strengthening demand. This demand is expected to pick up as processors will replenish currently low levels of stocks before the Lunar New Year holidays.

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