Europe top stories: summary

03 June 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 31 May 2013.

Europe naphtha trades spike on increased market activity
Trading activity in the northwest European naphtha market has more than doubled this week on what some say are purchases based on expected future price hikes.

Europe benzene prices edge up ahead of June contract talks
The European benzene market has seen some upward movement ahead of the June contract settlement, sources said on Wednesday, with supply concerns for the upcoming month helping support the price gains.

Europe June styrene spot numbers move up amid production problems
European styrene spot numbers have started to edge up, sources said on Tuesday, following continued technical problems at Shell’s styrene monomer plant at Moerdijk in the Netherlands.

Borouge 3 poses polyolefin pricing threat to CEE producers
Olefin and polyolefin producers in central and eastern Europe (CEE) should prepare for pressure on prices stemming from the anticipated 2014 start-up of the 2.5m tonne/year Borouge 3 installations in Abu Dhabi, a bank said on Monday.

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By: Staff Reporter
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