Asian polymer outlook cloudy as Chinese New Year holidays approach
Players in Asia report that regional markets will be quiet next week owing to the Chinese New Year holidays. China will be off for the week while other markets will see limited activity as players wait for China to return. Opinions on the post-holiday outlook are mixed, with… (lead only)
Players in Asia report that regional markets will be quiet next week owing to the Chinese New Year holidays. China will be off for the week while other markets will see limited activity as players wait for China to return. Opinions on the post-holiday outlook are mixed, with many sellers hoping to see stronger demand and higher prices after the holidays in line with their previous experience while some buyers feel that further price relief may be obtainable, especially if energy costs remain low.