ptit petchem olefins & derivatives vol 2 no 10 november 2004 in this issue asian october naphtha prices continued to edge up following crude and hit a record high at about us 480 ton then started reduce the end of month average ethylene price was lower by 150 compared with september while pe still inched causing hdpe spread be 100 for 1st time past 8 months propylene increased whole due tight market increase pp dewitt forecasted that china will import 15 million tons equivalent 2009 chinese consumption recorded 2003 main usage form film 7 raffia shanghai secco petrochemical test operated gas compressor indonesia s pertamina its capacity from refinery further reduction duties on major polymers domestic reduced excluding ldpe contrary because trading volume