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PE price

Focus Europe PE prices diverge from ethylene contract for April

Focus article by Linda Naylor

LONDON (ICIS)--Polyethylene (PE) prices are being discussed at levels far above the €55/tonne increase of the April ethylene contract price for business next month, sources said on Wednesday.

The April ethylene contract finally settled on 31 March at €965/tonne FD (free delivered) NWE (northwest Europe), up by €55/tonne from its March level, and also up from the lone settlement that was done last week but largely ignored by the rest of the market.

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