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LDPE & LLDPE Injection prices dip in Europe

27
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.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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