Polypropylene prices in Asia rose to US$1430/MT in the week of December 3, 2007, supported by very tight supply across the region. Tight supplies can be attributed to limited availability of deep-sea cargoes. The latest offers from South Korean suppliers were heard at US$1420/MT CFR China for yarn/injection grade and at US$1450/MT CFR China for block copolymers. However, currently most Korean suppliers have suspended fresh offers.
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