17 September 2008 20:01 [Source: ICIS news]
BOSTON (ICIS news)--Falling commodity plastic margins in the US, combined with the global plastics markets heading for oversupply, are good news for US buyers, an industry consultant said on Wednesday.
However, the US is somewhat protected from commodity plastics trade, which is bad news for US buyers, said Andrew Swanson, vice president, chemicals, of Nexant.
Swanson told an audience at the Chemical Purchasing Summit in ?xml:namespace>
“As a result, operating rates are forecast to fall as new capacity rises faster than demand, leading to falling margins,” noted Swanson.
The implications for the
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