25 May 2006 04:57 [Source: ICIS news]
SINGAPORE (ICIS news)--Wuxi Xingda New Foam Plastics Materials (Xingda), a major supplier of expandable polystyrene (EPS) in eastern ?xml:namespace>
Xingda's 300,000 to 360,000 tonnes/year unit in
Chinese spot prices of packaging EPS rose to around CNY12,000-12,200/tonne ex-works after the Chinese Labour Day holidays in early May, from CNY11,400-11,450/tonne ex-works prior to the lull, enabling domestic suppliers to sell the resin at an acceptable margin.
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