text: 09 July 2012 02:00 [Source: ICIS news]
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  SINGAPORE(ICIS)--Here are some of the top stories from ICIS Asia and the for the week ended 06 July 2012.for the week ended 06 July 2012. Middle east
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  Focus-Asia MEG rebounds on strong crude; poor demand to cap gains
  Spot monoethylene glycol (MEG) prices in Asia have gone up by 6% in the past week on the back of strong crude futures, but further gains may be capped as buyers remain cautious about procuring cargoes, market sources said on Tuesday.
  Focus-Strong Asia BD gains may fizzle out as supply improves
  Asia’s butadiene (BD) spot prices may soon lose its strong upward momentum as demand remains fundamentally weak, while supply is expected to increase as shut major crackers in Taiwan restart, with others ramping up production, industry sources said on Tuesday.
  Focus-China PMI falls to 7-month low in June; further slowdown seen
  China's Purchasing Managers Index (PMI) fell to a seven-month low of 50.2% in June, indicating that manufacturing activities continued to weaken, with a further slowdown expected in the next two months as external demand remains poor, analysts said on Monday.
  Focus-East China toluene prices seen rising on margin recovery
  Focus-India polyester makers rush to import PTA on domestic shortage
  Africa LDPE, PP still under pressure from EU offers
  An influx of cheap European product has compounded the downward pressure on July African polyolefins prices - initially caused by a surplus in Middle Eastern supply, industry sources said on Wednesday.
  Africa LDPE, PP still under pressure from EU