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Engineering Polymers - Europe January 2016

by ChemOrbis Editorial Team -
  • 26/01/2016 (17:03)
Month: January 2016
€/ton €/ton
Polymer MinMax
PA 614001600
PA 6,6 20502300
PC 21002400
SAN 16001800
POM 13001450
PMMA 2050 2400

PC prices followed a stable trend for another month in January. Most players reported that PC prices emerged with rollovers after stabilizing at the end of last year. However, a buyer was expecting small reductions on prices for extrusion grades at the beginning of the month. A trader also reported decreases of €50/ton from a West European supplier. Supply is said to be comfortable. Expectations for February are calling for mostly stable prices while some decreases are also considered to be possible as feedstock costs have declined throughout the month.

Players reported PA6 and PA6,6 prices were mostly steady for January. Sellers reported that PA6 offers below €1400/ton are no longer available in the market. Caprolactam costs are stable for January while benzene contracts were settled with a reduction of €19/ton from December. A buyer is anticipating stable prices for February, assuming that prices have reached the bottom. A few converters obtained slight discounts on both products. The automotive sector is performing well and PA demand is said to be moderate. For February the outlook is mostly stable.

SAN prices were reported with rollovers to €20/ton decreases in January following losses in the upstream markets. Players reported that prices above €1800/ton are no longer available in the market. A distributor said that a Taiwanese supplier was initially aiming for slight increases, but added that Asian prices have mostly maintained their levels. For February, players expect lower SAN prices for European material in anticipation of possible decreases in styrene costs.

EPS prices were under downward pressure from lower styrene. January offers registered decreases of €10-20/ton even though availability is still short for this product. Demand had been stable this month. February styrene contracts are awaited and players are talking about decreases of between €30-50/ton. Buyers believe there will be further reductions in February. The outlook for next month is weak and prices are anticipated to lose further ground even if supply is not ample given lower feedstock costs.

For PMMA, prices tracked a stable to softer trend during January. Some players reported downward adjustments of €50/ton on the high end of the range for European material, while others have reported stable prices. The MMA contract was settled with a decrease of €38/ton for January and some players are expecting slight reductions in the first quarter of 2016.

POM and PBT prices were unchanged from December. Demand and supply dynamics are balanced. A converter reported hearing talks about possible decreases but the outlook is largely stable.
Price ranges reported include an average freight cost to the customers’ location as well as duties if applicable, although VAT is not included.
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