10 May 2011 17:11 [Source: ICIS news]
LONDON (ICIS)--European May epoxy resin contracts rolled over on the back of a balanced market and little feedstock pressure, it was revealed on Tuesday.
However, this figure was aimed at the few customers paying much lower levels to bring them in line with the rest of the market.
A couple of buyers also said they took on €20–40/tonne rises but, again, they were paying less than others and are now purchasing liquid epoxy resins for about €3,000–3,050/tonne FD (free delivered) NWE (northwest Europe).
Solid epoxy resins are also largely stable at €3,050–3,200/tonne FD NWE.
($1 = €0.70)
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