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PE prices manufacturers began to price adjustment postganglionic steady by srf asgas





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PE prices manufacturers began to price adjustment postganglionic steady by
Article Posted: 07/20/2010
Article Views: 77
Articles Written: 515
Word Count: 546
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PE prices manufacturers began to price adjustment postganglionic steady


 
Business,Business News,Business Opportunities
HC plastic mesh : I. Market Summary
The first trading day after Labor Day, oil prices inched up, steady gains naphtha, ethylene prices in Asia rose after the steady, petrochemical factories will resume in early listing Sell Spot market prices stable small big move, watching the majority.


Second, fundamental analysis 1. United States, BB & T analyst on April 26 that the acquisition by the cash-rich companies demand stimulus, by 2010 the global chemical industry M & A activity which would have rebounded sharply. Cash-rich strategic buyers are looking to make acquisitions to accelerate business growth. The analyst said that in the BB & T Corporation to track the 15 chemical companies in 2009, balance sheet, the cash has reached a high of nearly 10 years, 8.3 billion, 60% higher than in 2008. "2009 Most buyers have a strategic acquisition plan and implement mergers and acquisitions do not plan, just wait for opportunities, we believe that this acquisition will occur in 2010, demand for the outbreak. Business integration will be the 2010 Chemical industry The main driver of M & A market. Valspar, RPM and other international and HBFuller Paint And adhesive manufacturers may appear in the strategic buyer's acquisition of the catalog. Also, just out from the shadow of bankruptcy the company could become a potential takeover target. "


2. Friday Asian ethylene market stability, CFR Northeast Asia, the price to close at 1300.25-1302.25 USD / tonne, CFR Southeast Asia, the price to close at 1230.25-1232.25 USD / tonne, prices were flat with the previous day. Following ethylene prices fell yesterday after the United States, the United States and Asia arbitrage window between the last turn. Wednesday at 41.75 cents U.S. ethylene price / lb (920 U.S. dollars / ton), the relative prices slipped Tuesday. If you include the United States to Asia, 350 U.S. dollars / tons of freight, cargo arrived at the U.S. base price for the Asian market CFR about 1270 U.S. dollars / ton. The Northeast Asian market, source of supply, buyers began looking for other parts of the spot. Japan and Taiwan by the impact of unexpected cash stopping device relative shortage of supplies. But the market is no respect of the United States to Asia offer heard.


3.NYMEX crude oil futures closed little changed Monday after briefly surged to a high of 19 months, as global Economy Signs of recovery, suggesting higher prices will come. Meanwhile, the market remains concerned about the sinking of the BP in the Gulf of Mexico, the company's Oil Drilling platform "deep horizon" the progress of oil leakage. Most of the impact of the events in far-month crude oil futures and gasoline and distillates, these futures prices, as supply may be interrupted so times leakage. NYMEX6 month crude oil futures prices closed up 0.04 U.S. dollars, or 0.05%, to settle at 86.19 U.S. dollars a barrel. 3, high as 87.15 U.S. dollars, higher than before 6 April 2010 touched high of 87.09 U.S. dollars, and for the past months contract October 9, 2008 hit the highest since 89.82 U.S. dollars.

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