TITLE

East Med prices plunge

AUTHOR(S)
Viswanathan, Prema; Brice, Andy
PUB. DATE
February 2007
SOURCE
ICIS Chemical Business;2/12/2007, Vol. 2 Issue 53, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decline in polystyrene prices in the east Mediterranean in February 2007 as Asian suppliers turned their focus from China to the region. Suppliers, traders and end-users say that buying sentiment in China is softening ahead of the Chinese New Year holidays. The observance of the Shi'ite Muslim mourning week of Ashura in several east Mediterranean countries has also slowed trade. Suppliers and traders say that they are not expected to fall any further, as demand is robust.
ACCESSION #
24202620

 

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