US polyethylene makers begin to push August increase to September

22-Aug-11
Ample competitiveness has pushed US polyethylene producers to defer their 5 cents/lb price hike for August to September, as per Platts. ExxonMobil was said to be the first producer to give up on the increase and others have followed, as demand does not seem strong enough to support the August increase. Weak demand was evident in PE auctions over the last two weeks run by Ineos. Export market also witnessed soft demand as importers seem only interested in buying hand to mouth, and lacked confidence to build up inventory.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha