Wednesday, November 07, 2007

POLYMERS - GPPS

GPPS prices saw a marginal upward movement as prices rose to US$1480/MT in Asia in the week of November 5, 2007, in line with strong crude and naphtha prices. Few transactions were concluded as sellers bids of raising prices by over ten dollars was met with lukewarm response from the buyers, who preferred to defer buying as they adopt a wait and watch policy.

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