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European basic chemical prices continue to rise

 Last Update: 2021-12-03
 Source: Internet
 Author: User

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Recently, IHS Markit said that the price of basic chemicals in Europe has continued to rise due to unplanned production interruptions and rising energy costs

IHS Markit believes that the rising cost of public works has become a new challenge for the European market

Styrene is not the only basic chemical affected

Although the supply of propylene in Europe is very stable, the price of propylene, driven by rising energy prices, is at a high level

IHS Markit Europe, Middle East and Africa Olefins and Derivatives Executive Director Matthew Thoelke said that soaring natural gas prices have put tremendous pressure on the European petrochemical industry.

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