Market Resists Price Increases

摘要

Despite roaring exports and some slight increases in monomer prices,slow domestic demand is keeping a lid on polyolefin and PVC prices for the moment.A PS hike was announced by some producers for Oct.1,but several major players had not chimed in by press time.Although polyethylene suppliers had not officially delayed either of their two September price hikes(4(2/ lb for Sept.1 and 50 for Sept.15)by the middle of last month,it did not look as though they were being implemented.Suppliers appeared intent on pushing through at least the 40 increase,even if only partially or with a one-month delay.Meanwhile,The London Metal Exchange(LME)short-term futures contract for October in blown film butene LLDPE sold at 57.1c/lb,down from September's 58.10.