Europe top stories – weekly summary

26 November 2012 09:00  [Source: ICIS news]

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

Europe PE players gamble on price direction for coming weeks
Polyethylene (PE) buyers and sellers are behaving with extreme caution as the price direction for December and January remains unclear, in spite of a bold move from one major producer who will target an increase for December, players said on Friday.

European naphtha market likely to weaken further
The European naphtha market is likely to lengthen further, and prices soften as a result of a weakening crack spread, sources said this week.

Europe acrylates players seek price direction from December propylene
Players in the European acrylic acid (AA) and acrylate esters market are carefully watching developments in upstream propylene costs to gain some price direction ahead of December, sources said on Wednesday

Europe chemical stocks up ahead of Greek bail-out decision
European chemical company stocks were trading up in line with market trends on Tuesday afternoon as Greece awaits a decision by the European Commission on whether to approve its latest tranche of funding.

EU construction output falls 1.8% in September
EU construction levels slumped in September following a slight increase in output during the previous month, declining 1.8% in September compared with August, statistics office Eurostat said on Monday.

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By: Staff Reporter
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