Ethylene and propylene contracts fully settle in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, December ethylene and propylene contracts fully settled in Europe. Accordingly, the initial contracts that were settled on Wednesday with a decrease of €45/ton were not followed. The new contract for ethylene stands at €940/ton ($1003/ton) FD NWE, down €30/ton ($32/ton) from November while the new contract for propylene stands at €725/ton (773/ton), down €30/ton ($32/ton) from November.
The initial December ethylene and propylene contracts had been settled respectively at €925/ton ($985/ton) and €710/ton ($735/ton) FD NWE, both with a decrease of €45/ton ($48/ton) from November.
The initial December ethylene and propylene contracts had been settled respectively at €925/ton ($985/ton) and €710/ton ($735/ton) FD NWE, both with a decrease of €45/ton ($48/ton) from November.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
