Initial October PX contract settles in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, an initial PX contract has been settled in Europe at €745/ton FD NWE ($878/ton), up €5-15/ton ($6-18/ton) from September’s split settlement of €730-740/ton.
Spot PX prices were last reported at $795/ton FOB NWE in Europe, down $25/ton from a week earlier.
Despite the higher settlement in the PX contract, the trend has already turned stable to soft in the downstream PET market across Europe.
Spot PX prices were last reported at $795/ton FOB NWE in Europe, down $25/ton from a week earlier.
Despite the higher settlement in the PX contract, the trend has already turned stable to soft in the downstream PET market across Europe.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Stats: Türkiye’s cumulative polymer imports hit 3-year low in Jan-Sept
- PP, PE markets torn between firmer monomers and poor dynamics in Europe
- Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand
- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
- Slump deepens in European plastics recycling industry
- SE Asia’s PPH regains premium over China after 3 weeks
- Stats: China rapidly expands its share in SE Asia’s PP markets
