Europe top stories - weekly summary

24 September 2012 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 23 September 2012.

Europe olefins market gears up for October contract price talks
European ethylene and propylene contract partners are gearing up for the next round of discussions to decide on the October monthly contract price, but with volatility in the upstream market, a new value is proving difficult to predict, market sources said on Friday.

Europe spot PE prices soften on slow demand, lower crude
Polyethylene (PE) spot prices have started to fall in Europe on slow demand, as sellers are no longer able to attract buyers at former high price levels, market sources said on Thursday.

Limited buying in Europe jet kerosene market on weaker demand
The European jet kerosene open market trading window has not seen a cargo trade in eight trading days due to weaker demand, sources said late on Tuesday.

European chemical companies keen on M&A, KPMG survey shows
European chemical companies will use cash on their balance sheets to pursue strategic acquisitions, as well as new product development, business advisors KPMG said on Tuesday.

Europe benzene still tight, bull run set to continue into Q4
European benzene prices have continued their bull run in September, owing to production problems curtailing supply – and the volatile market environment looks set to continue in the fourth quarter, sources said on Monday.

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By: Staff Reporter
+44 20 8652 3214

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