15 July 2010 22:32 [Source: ICIS news]
The price reduction by ?xml:namespace>
Demand was slowly improving in July with better sales of disposables and also because many buyers who held purchases in June were running low and needed to restock their inventories.
Prices began to fall in June when they dipped by 3 cents/lb. This prompted many buyers to consume their own inventories while waiting for lower prices ahead.
Prior to the July reduction, ICIS-assessed general purpose PS (GPPS) prices in
PS producers in
$1 = €0.79
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