Wednesday, May 15, 2024
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HomePet Industry NewsPet Travel NewsPolymerupdate News - Linear Low Density Polyethylene (LLDPE) costs climb up in...

Polymerupdate News – Linear Low Density Polyethylene (LLDPE) costs climb up in Europe

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This week, LLDPE costs marched greater in the European area.An market source in Europe notified a Polymerupdate staff member, “The rise in prices was triggered by producers heard to have curtailed their output levels to balance mismatched demand-supply fundamentals in the region. Meanwhile, there were reports of the market being flooded with competitively priced import cargoes leading to an oversupply situation.”

In the area markets, LLDPE costs were examined at the Euro 1215-1225/mt FD Northwest Europe levels, a sharp gain of Euro (+40/mt) from recently.

In the agreement markets, LLDPE costs were examined at the Euro 1630-1635/mt FD Northwest Europe and FD Italy levels, both week on week greater by Euro (+25/mt).

FCA Antwerp LLDPE movie costs were examined at the Euro 1200-1230/mt levels, week on week dramatically increasing by USD (+40/mt).

Ethylene area costs were examined at the Euro 920-930/mt FD North West Europe levels, a decrease of Euro (-30/mt) from recently.

Feedstock ethylene agreement cost for February 2023 settled at the Euro 1260/MT FD North West Europe levels. This cost represents a sharp gain of Euro 85/MT from its January 2023 settlement levels.

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