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MLLDPE is used in the manufacture of stretch film (source: Hydro Polymers)

Europe MLLDPE players wait for ethylene to settle

LONDON (ICIS)--Metallocene linear low density polyethylene (MLLDPE) players are waiting for the August ethylene contract to settle, along with sources in the wider polyethylene (PE) market, they said on Monday.

PE prices have been following movements in the upstream ethylene market fairly closely for some time now.

“A trend is developing where we [converters’ prices] are moving more in line with ethylene,” said one buyer.

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