Asia Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mohan Marette who wrote (980)	1/16/1998 11:21:00 AM
From: Thomas Haegin	Read Replies (1) of 9980

Repost: on some Commodity prices in SEA -------------- ASIAN DEMAND FOR PETROCHEMICALS FADES, PRICES PLUNGE Futures World News - January 16, 1998 07:08 Tokyo-Jan. 16-FWN--PETROCHEMICAL PRODUCT PRICES ARE collapsing across Asia as overstocked South Korean producers dump inventories against a backdrop of rapidly eroding downstream demand due to financial crises and economic turmoil throughout the region. The Asian spot price for propylene is currently US$330- $360 per metric ton (including freight and insurance), down US$20 since the end of 1997 and US$70 below last summer when the downward trend emerged. Ethylene now runs US$470-$485 per ton, about US$60 (11%) less than last month. ---------------------------------- There's only one word for it: desperation! T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next