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SINGAPORE Network Hearing, ethylene supported by tight supply, the current Asian ethylene spot market prices continue up. January 1200 cargo trading price U.S. dollars / ton (CFR, Northeast Asia) or 1230 U.S. dollars / ton (CFR, Southeast Asia). Deep cargo supply to promote China Taiwan and South Korea to reduce ethylene production up in January cargo operators offer to 1150 U.S. dollars / ton (FOB, Northeast Asia). But at this price point, buying interest is limited, because the end-user Crude And Naphtha Prices fell under caution. Iran and Saudi Arabia led to the production plant maintenance accident spot cargoes from the Middle East, a limited supply of ethylene, also stimulated ethylene producer in Southeast Asia offer up to 1200 U.S. dollars / ton (FOB, Southeast Asia). However, the decline in crude oil and naphtha prices increased on the ethylene market rally can continue to worry about. Northeast Asian spot ethylene cargoes in Jan. 1200 ~ 1220 Price U.S. dollars / ton (CFR, Northeast Asia), while bids for the 1120 ~ 1140 U.S. dollars / ton (CFR, Northeast Asia), a deal to 1200 U.S. dollars / ton (CFR , Northeast Asia) to reach the price. Southeast Asian market, in January 1200 cargo trading price of 1230 U.S. dollars / ton (CFR, Southeast Asia), a group of 3,500 tons in January 3000 the second half of the cargo loaded vinyl to 1200 1230 U.S. dollars / ton (CFR, Southeast Asia, including 30 day letter of credit) in price. Downstream polyethylene ( PE ) And PVC Manufacturers are still strong resistance to price increases, because as the ethylene raw material cost increases, their production has been severely affected by the profit squeeze. Asian propylene market propylene current prices, but buyers in December China Taiwan increase production leading to strong demand for spot cargoes, high prices are supported. The Chinese government reduced production of epichlorohydrin product decisions lead to China's domestic propylene prices have fallen sharply and releasing the remaining 10,000 tons of propylene spot cargoes. Since December cargo trade has almost completed, demand for Chinese buyers quiet. Downstream derivative products, prices stable and firmer crude oil and naphtha prices down, and ethylene propylene spot prices may lead to increased output. January propylene market outlook remains unclear, but the Chinese buyers have started hunting could lift cargo, equipment maintenance due to begin in 2010 and is expected to peak in March. Northeast Asian market, China Taiwan buyers their way to increase the December spot cargo purchase amount may be reduced due to local supply, market price for the 1170 ~ 1180 U.S. dollars / ton, but not accepted. Most of propylene in China cargo market trading at 1100 ~ 1140 U.S. dollars / ton (CFR, China). China's domestic market, relatively low prices weighed on market sentiment fell unexpectedly in Shandong market price to 8400 ~ 8,600 yuan / ton (ex-factory price) led the market down, Sinopec pipeline delivery price fell to 8,500 ~ 8,600 yuan / tons, import pressure Propylene cargo market area. Limited due to export, FOB South Korea withdraw from the market leading position, traders have to deal with contracts from Japan and South Korea cargo supply. Shipments from Libya's trade surplus propylene negotiations were under way, negotiations for the 1040 ~ 1050 price of U.S. dollars / ton (CFR, Indonesia), intention to purchase price for buyers in Southeast Asia 1050 to 1080 U.S. dollars / ton (CFR, Southeast Asia). Butadiene butadiene current spot market prices in Asia continue to rise, trading price of cargo in January 1480 ~ 1620 U.S. dollars / ton, most end users to 1480 ~ 1500 U.S. dollars / ton (CFR, Northeast Asia) price purchase cargo and traders mostly 1550 ~ 1620 U.S. dollars / ton (CFR, Northeast Asia) prices for cargo. The new spot cargo in January-butadiene offer up to 1,650 U.S. dollars / ton (FOB, Korea), equivalent to 1700 ~ 1720 U.S. dollars / ton (CFR, Northeast Asia). However, weak buying interest, both end users and traders in crude oil and natural Rubber Prices go soft case holds to wait and see attitude. China end-users said they had completed in January cargo demand, no interest in buying spot cargoes. China Taiwan and Korea have been sidelined by the end user, a number of large synthetic rubber manufacturer, said soaring prices of butadiene production has been severely squeezed profit, so if butadiene prices continue to rise, it will further cut production. Downstream synthetic rubber producer price of 1550 U.S. dollars to purchase intention / ton (CFR, Northeast Asia). At the same time, carry cargo trading window has been opened, about 20,000 ~ 30,000 tons from Europe and Brazil in January and February reached deep cargo may be shipped to Asia, deep cargo bargaining for the 1500 ~ 1550 U.S. dollars / tons (CFR, Northeast Asia). Southeast Asian market, market sentiment by crude oil prices and limited buying interest pressure. I am an expert from laserstagelight.com, while we provides the quality product, such as China Laser Lighting Equipment , China Hologram Projector, Laser Light Equipment,and more.
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