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LDPE & LLDPE Injection prices dip in Europe
Jul '10
PP Raffia in the CFR Chinese market remained stable around US $1170 / ton. In Chinese market, the price of PP Injection also remained steady around $1170 / ton.

In European market, price of PP Injection grade remained firm at €1375 / ton. In UK PP Injection price remained steady around £1055 / ton. In the US market, PP was quoted at around $1300 / ton in cash terms.

In Asian market, price of LDPE remained stable around $1325 / ton. In the European market prices of LDPE Injection and LLDPE Injection prices move down by €35 and €5 / ton, respectively and its new prices assessed around €1215 / ton and €1180 / ton, respectively.

In S E Asian market price of LLDPE injection remained steady around $1135 / ton. In the US market LLDPE was quoted at around $1130-1190 / ton in cash terms.

The Eurzone Purchasing Managers' index for manufacturing showed a rise to 56.5 points in July from 55.6 points in June, while the new orders index rose to 57.2 points from 55.9 points.

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Fibre2fashion News Desk - India

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