Tuesday, November 27, 2007


Restrained demand from buyers pressured downward market movement in Asia, as prices dipped to US$1470/MT in Asia in the week of November 26, 2007. Buyers preferred to wait and watch in anticipation of downward adjustment of market prices despite rising upstream naphtha and SM values. Very few deals were concluded as the gap between suppliers' prices and buying intentions widened.

Related Posts by Categories

Read daily plastics industry news at Plastemart.com