Wednesday, November 21, 2007


LDPE market has gained strength on the back of limited availability, pushing prices up to US$1620/MT in Asia in the week of November 19, 2007. Offers for December shipment from South Korea as well as Middle East have seen a rise. Anticipation of a further price hike has led suppliers to hold on, causing a scarcity of deals in the absence of supplier quotes.

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