19 April 2012 15:41 [Source: ICIS news]
Plastic derivatives makers have limited purchases amid the uncertain economic outlook, following a negative rise in the March producer price index (PPI) and uncertain global economy, the sources said.
The bearish LLDPE market situation has sidelined most investors, although Sinopec’s output cutbacks have saved polyolefins prices from a sharp fall, said Li Zhoulei, an analyst at Shanghai CIFCO Futures.
The Chinaplas 2012 exhibition runs from 18-21 April.
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