TITLE

ASIAN PRICES FIRM IN RECORD CRUDE

AUTHOR(S)
Gibson, Jane
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p46
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of higher crude prices on Asian polyethylene (PE) prices as of May 2006. Asian PE prices are being pulled up by higher crude prices and a firming ethylene market Offers for May PE material have reached $1140/tonne CFR Asia and above. However, it is unclear if downstream markets can absorb the firmer numbers, given that derivative demand is slow.
ACCESSION #
20864698

 

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