04 July 2011 09:00 [Source: ICIS news]
LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 1 July 2011.
Spot ethylene, propylene prices soften on demand, availability
Spot ethylene and propylene prices have fallen significantly over the past two months on poor demand from key derivatives polyethylene and polypropylene (PP) that has been weighing on supply, and there is further downside potential, market sources said on Friday.
An initial European propylene contract price for July has settled at €1,130/tonne, down €75/tonne from June, a major producer said on Tuesday.
AkzoNobel Q2 results hit by raw material prices, production issues
(Please click on the link to read the full text)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|