Sep 27, 2017 07:47
Plastics News at Last September 2017 (World Markets)
According to the uptrend and compare to last week, polymers price increases 60-70 USD depending on each region due to:
• Supply of raw material shortage - Ethylene price continues to hold higher than PE price.
• High demand at the end of the year.
• Some factories are still maintaining.
• Crude oil climbed higher than March: more than $ 56 for Brent and $ 51 for WTI.
Source : PMJ-Joint Stock Company