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Article: A FORECAST OF PP IN JUNE CHINA
- Article from:
- AsiaInfo Services
- Article date:
- June 10, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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A Forecast of PP in June China
CHINA, Jun 10, 2003 (SinoCast via COMTEX) -- Buyers have stocked up
with PP when its prices are rising in the first several months in
2003. The hiking prices of PP in May have led to a downturn of market
demand. It is generally agreed that the rising prices of PP in May
will not last long.
The outlook for PP in June remains cloudy. Due to the weak demand
in PP market at present, it is estimated that prices of PP will go
downward soon.
Because of sharply rising prices of PP, its downstream manufacturers
universally take a wait-and-see attitude instead of stocking. Meanwhile,
dealers also take the same ...