Tuesday, November 18, 2008

Outlook for HDPE seems positive, LDPE and LLDPE continue to weaken due to pessimism

China, a key player in the world economy has announced a US$586 bln economic stimulus package to boost its floundering economy. The sentiments in polyethylene markets have been mixed.
After successsful conclusion of CFR China deals at US$775/MT, HDPE prices firmed by about twenty dollars, despite availability of cargoes lower than US$750/MT.

For more details on Outlook for HDPE seems positive, LDPE and LLDPE continue to weaken due to pessimism click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: