As buyers adopted a wait and watch policy, very few transactions were seen in the Asian propylene market. The soft market saw FOB Korea prices dip to as low as US$1,070/mt level.
China's Polypropylene market also recorded thin transactions last weekend, as offers stagnated. Processors' apparent disinterest in procuring materials, coupled with the slowdown of replenishment of stocks by traders, have kept the overall transactions in the PP market sluggish.
05-Feb-07 
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