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Focus Restocking, better market mood to buoy up China PE, PP in Q3
By Chow Bee Lin
GUANGZHOU (ICIS)--China’s polyethylene (PE) and polypropylene (PP) import prices may increase in the third quarter as buyers are expected to replenish their stocks on the back of improved market sentiment, industry sources said on Monday.
On 17 May, the benchmark LLDPE resins prices averaged were at $1,380/tonne (€1,076/tonne) CFR (cost and freight) China, unchanged from four weeks ago, according to ICIS.
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Copy of VIDEO - ICIS Asia Lunchtime News Bulletin 20 May 2013
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