Monday, August 09, 2010

LLDPE prices rise in Asia on supply concerns, improving demand

Asian PE markets have posted considerable increases over the past two weeks on the strength of stronger upstream costs and improved buying interest, as per Chemorbis. Crude oil prices have gained oveer US$5/barrel over the past week to cross the US$82 threshold, while spot ethylene prices have posted week on week gains of US$45-60/ton.

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