Initial Nov PX contract settles in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, an initial November PX contract has settled in Europe at €765/ton FD NWE ($886/ton), up €20/ton from October’s settlement of €745/ton.
The increase in the November settlement was attributed to bullish spot prices amidst higher upstream costs.
Spot PX prices were last reported at $813/ton FOB NWE, up around $33/ton from a week earlier.
The increase in the November settlement was attributed to bullish spot prices amidst higher upstream costs.
Spot PX prices were last reported at $813/ton FOB NWE, up around $33/ton from a week earlier.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Europe PP, PE outlook for 2025: Battle of margins amid supply surpluses and trade flow shifts
- Middle East PP, PE outlook for 2025: A double whammy of low demand and new capacity additions
- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec
- Bearishness persists across China, SEA import PE markets as year-end nears
- PLAST EURASIA 2024: Shrinking margins emerge as a key topic among polymer players
