25 January 2012 17:25 [Source: ICIS news]
LONDON (ICIS)--Central and eastern European (CEE) petrochemical producers cannot expect their 2012 integrated petrochemical margins to move far from the levels they sank to in the second half of 2011, a Czech equities house said on Wednesday.
Patria Finance added that it was unlikely, for instance, that the ?xml:namespace>
In early January, Unipetrol said its model olefin margin declined to €236/tonne in December from €265/tonne in November, while its model polyolefin margin fell to €205/tonne from €212/tonne.
During 2011, the company's olefin monthly margin year-high was May's €371/tonne, while its highest monthly polyolefin margin was €300/tonne for April.
($1 = €0.77)
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