PVC offers kept basically stable, as no stimulating favorable factors have emerged in the Chinese market. Most traders began to view future market development as positive since the middle of last week.
Extending the uptrend since last week, the market offers for PS continued to rise modestly, with the ex-work offers either up adjusted or stable as sales kept improving as against lat week in China. The overall sales for March were better than expected before. After a round of sharp price increases last week, the PP market in China took a relatively flat tone as offers kept steady. A portion of traders were even found reluctant in effecting sales in the PP market of the Pearl River Delta of southern China.
03-Apr-07 
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