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Polymer News On Jan-29-2003Asian naphtha prices climb sharplyJan 29, 2003Asian naphtha prices on Tuesday evening at 17:30 hours Singapore time were seen quoting sharply higher for 1st half of March wi... Crude prices on Tuesday climb higherJan 29, 2003Prices of Crude oil on Tuesday climbed in reaction to a statement made by Iraq wherein they said that they would retaliate agai... Resin producers in China report good volumes ahead of Lunar New Year holidaysJan 29, 2003China~s Daqing Petrochemical Corp is running its plants at normal rates. Sales volumes for all products have been increasing si... Extended force majeure on mixed xylene deliveries causes concerns among European buyersJan 29, 2003Market sources in Europe have reported that French petrochemical major Atofina, rescheduled to have lifted it~s force majeure (... Producer efforts to hike resin prices in February begin to find increased supportJan 29, 2003According to reports received by the polymerupdate team by it~s sources in the US, January is drawing to a close with export ... Local traders cite a sudden improvement in buying momentumJan 29, 2003As the day progressed today select traders reported a sudden lift in buying interest across India which conflicted with reports... Dull local demand ensures that Indian stalemate continues - but for how much longer?Jan 29, 2003The stalemate in the Indian polymer markets continued this week with buying described as sluggish to dull and with open market ... Russian source sheds a light on local market situation of PPJan 29, 2003Earlier this afternoon a polymerupdate team member contacted a Russian source who informed him that local prices of PP since th... High PX values, steady demand and plant shutdowns support price hike in Asian PTAJan 29, 2003A South East Asia PTA trader today spoke with a polymerupdate team member today and said, "bullish sentiments in the PTA mark... South Korea~s Hyundai petrochemicals may be sold off this weekJan 29, 2003According to polymerupdate’s source in South Korea, Hyundai Petrochemical Co Ltd is likely to be sold to a local group led by L... |