Europe top stories - summary

15 April 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 12 April 2013.

Cracker issues fail to impact Europe ethylene, propylene markets
European ethylene and propylene market sentiment remains bearish, with unplanned issues at crackers in Germany and Italy this week having had little to no impact, despite the ongoing cracker turnaround season, market sources said on Friday.

Europe April PX confirmed at €1,120/tonne
The European paraxylene (PX) contract has been confirmed at €1,120/tonne ($1,474/tonne), down by €130/tonne from the previous month, as the initial settlement received further support from players on Thursday.

Turkey’s Petkim drops PE prices in weak market
Turkish polyolefin producer Petkim dropped most of its polyethylene prices this week as market weakness continues, sources said on Wednesday.

Europe benzene spot levels move up although activity still thin
European benzene spot levels have seen some upward movement on improved sentiment for April, sources said on Tuesday, although activity remains thin.

EU chemicals output down 1.6% in January – Cefic
EU chemicals production fell 1.6% year on year in January, with the decline following three consecutive months of expansion, trade group Cefic said in its Chemicals Trends Report on Monday.

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By: Staff Reporter
+44 20 8652 3214

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