Focus article by Lane Kelley
HOUSTON (ICIS)--US expandable polystyrene (EPS) spot prices are set to drop another 3 cents/lb on 1 December because of slumping feedstocks, buyers and sellers said on Tuesday.
The decrease will mark the third consecutive monthly drop of 3 cents/lb for EPS and will likely will move the ICIS assessment next week down to 99-108 cents/lb DEL (delivered) for block material and 99-106 cents/lb DEL for package material.more >>
INSIGHT: China interest rate cut does not signal stimulus-led growth
There is no need for more aggressive stimulative measures, and the prudent monetary policy will not change.” more
Asian Chemical Connections