TITLE

Buyers' resistance slows down talks

AUTHOR(S)
Yan, Helen
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the buyers' resistance to the proposed price hikes slows down talks for 2007 second quarter Asian styrene butadiene rubber contract. According to traders and buyers, weak market sentiment following the crash in the stock market, falling butadiene feedstock values and fluctuations in the natural rubber price have dampened buying sentiment. Butadiene spot prices have fallen while buyers have dropped their bids.
ACCESSION #
24684090

 

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