Market Insight: European PE, PP buyers face upward pressure on eve of new capacity start-ups

Polyethylene (PE) and polypropylene (PP) buyers in Europe are expecting to have more choice in product supply in the coming months, as new capacities come on stream in North America, India and China. There is still some upward pricing pressure in August, however, and much of the market is expecting sellers to attempt to push prices higher in September. The strong euro means more imports, but higher prices in Asia are attracting product eastwards.

Find out more about upcoming new capacity in Linda Naylor’s latest insight article.

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