Grease SBS Market: Recent grease SBS market remained sliding prices at large range. With the spot market entered bearish, now market dealers carried out quick shipment, so market transaction was into stagnation under market offers having not touch the bottom. During the Olympics, Northern areas the transport in grease SBS and downstream rubber products faced also further hampered, and raw materials prices fell and the recent market confidence was suppressed, and high inventories in PCs also put pressure on the market. Traders operated intention was entered doldrums, kept more pessimistic attitude.

 

    Dry SBS and Modified Cement SBS Market: Domestic dry SBS and Modified Cement SBS Market remained sluggish trend, and recent PCs said recently would stable SBS EXW prices, viewing from manufactories facing inactive buying, stocks were increased gradually. While most traders hold sluggish sentiment to quote at lower-priced, and even partial markets faced sliding price. End-users kept thick observing sentiment carrying out to buy with selling situation, to speed dropped speed. Weakness demand reduced market moving into sluggish trend, while sliding raw material also stroked market confidence, and spot traders hold limited confidence to keep cautious views to future market.

 

    Today’s exchange rate: $1=6.8529RMB