Europe October SER contracts roll over in long market

16 October 2012 23:59  [Source: ICIS news]

LONDON (ICIS)--European solid epoxy resins (SER) contract prices have rolled over from September to October, sources said on Tuesday.

October SER prices are at €2,470-2,500/tonne ($3,207-3,246/tonne) free delivered (FD) northwest Europe (NWE).

The SER market is long and demand is weak and the permanent closure of Momentive's SER plant in Wesseling, Germany, has not really affected the market yet, sources said.

Momentive is in the process of closing its 25,000 tonne/year SER plant, a source at the US-based specialty chemicals producer said.

($1 = €0.77) 

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By: Janos Gal
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