By John Richardson The tail has long wagged the dog in Asia’s polyethylene (PE) market. Whilst the spot merchant ethylene market accounts for only around 5% of the total amount of ethylene that is produced in the region, ethylene spot prices drive polyethylene (PE) spot prices – with just about everyone buying and selling PE […]
Asian Chemical Connections
Global Polyolefins At A Tipping Point
By John Richardson A GLOBAL slowdown in manufacturing is already being reflected in European and US polyolefin markets as anxiety in the industry grows over the prospects for the rest of this year. European June contract prices for ethylene and propylene have declined after seven consecutive months of increases. Ethylene contracts have slipped by Euros45/tonne […]
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