13 January 2012 05:51 [Source: ICIS news]
SINGAPORE (ICIS)--China's domestic low density polyethylene (LDPE) film supply decreased this week because of a shutdown at one plant and switching to another product by a second plant resulting in its prices to firm up, industry sources said on Friday.
China Maoming Petrochemical’s 250,000tonne/year LDPE unit in ?xml:namespace>
On the other hand Yanshan Petrochemical’s a 200,000tonne/year LDPE plant in
The supply tightening has come at a time when many downstream manufacturers such as the film packaging industry are planning to purchase LDPE to shore up inventory ahead of the Lunar New Year holidays that start from 22 January.
As a result
($1 = CNY6.31)
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