Strong crude triggers Asia PS,ABS demand as dealers square positions

摘要

Sydney-The recent rebound in crude oil values has inspired a wave of buying enquiries for polystyrene and ABS in Hong Kong,although at depressed prices,industry sources said Jul 26.Several PS and ABS dealers and distributors have taken short positions for August which they were anxious to square off and take profit for.However,consumer demand remained sluggish especially in the wake of China's yuan revaluation.