Market and product
China PP Market Price (10 January 2011)
A distributor offers Chinese homo-PP injection ex-warehouse North China, cash inc VAT at CNY12000-12100/ton ($1547-1560/ton without VAT)
A distributor offers Chinese PP block copolymer injection ex-warehouse North China, cash inc VAT at CNY12400-12600/ton ($1599-1625/ton without VAT)
A distributor reported keeping their offer levels steady for the time being as they are adopting a wait-and-see stance to the market. The distributor said that they are willing to offer some discounts in order to conclude deals since their trading activities have slowed down due to the decreases recently witnessed in crude oil and futures market prices.
Source:http://www.news.alibaba.com
