11 June 2012 02:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the ?xml:namespace>
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Focus - China PE, PP to extend falls; may rebound in Aug on restocking
Focus - China MIBK prices may extend fall on weak demand
Spot methyl isobutyl ketone (MIBK) prices into
Focus - Output cuts/shutdowns at
Production cuts and shutdowns at some Asian crackers could temper the continuous slide in butadiene (BD) prices in the region, although demand is expected to remain weak, industry sources said on Tuesday.
Bitumen prices in the Chinese market look set to continue falling, with road projects being delayed by funding constraints amid a domestic credit crunch, as well as by an onset of the rainy season in the southern regions, industry sources said on Thursday.
Focus - Asia BR dips below $3,000/tonne; may extend falls on weak BD
Spot butadiene rubber (BR) prices in Asia may extend falls after dipping below $3,000/tonne (€2,370/tonne) this week, in line with declining values of feedstock butadiene (BD), amid weak demand and ample supply, industry sources said on Friday.
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