-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Negotiations for the December polyethylene (PE) business in Europe have begun
.
A clear demarcation between spot and contract volumes has been established
.
The spot market can even see the situation on two levels
.
Not all buyers can accept low-end spot offers
.
However, one trader noted that it will take about 6 months to get approval, so this could change in the medium term as PE for new plants is not expected to disappear anytime soon
.
Exports of PE to China are very limited because the US has added a 25% prohibitive tariff
.
In the contract market, the €10/t increase in new ethylene contract prices has been largely ignored by the freely negotiated market, and some grades may also receive limited price cuts this month
.
Most of the deals will be completed by the end of the month, so the final outcome of December PE pricing is not expected to be announced for several weeks
.