Northwest Europe PP price premiums over China averaged $161/tonne between November 2002 and December 2020. Between January 2021 and 16 September 2022, price premiums averaged $749/tonne. What would be the consequences for European PP pricing and profitability if price premiums returned much closer to their long-term averages?
Asian Chemical Connections
Europe PE and PP imports: How, with the right analysis, you could more than make up for China weakness
IT WILL NOT be easy to estimate what could be higher-than-expected levels of European petrochemicals imports during the rest of 2022. But in the context of a China that might even be in recession, the extra effort necessary to figure calculate shifts in European trade flows is very, very worthwhile.
Global supply chain disruptions may maintain, or even add to, regional petchem imbalances
By John Richardson THE GLOBAL petrochemicals business looks set to remain largely in the dark about what will happen next to container freight and semiconductor supply. This a new area of risk for producers and buyers that highlights the need for much better analysis and data on the pandemic’s impact on markets. Let me begin […]
Digitisation Will Transform Petchems As Plant Reliability Increases
Global volatility in pricing will also be greatly reduced as unexpected outages largely become a thing of the past By John Richardson EUROPEAN polyolefins have painful memories of 2016 because it was a year of major supply shortages. Polyethylene (PE) production in the three major grades was down by an average of 2.3% compared […]