Europe top stories: weekly summary
ICIS Editorial
26-Aug-2019
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 23 August.
Europe PE market
visibility murky for September
Polyethylene (PE) players are looking toward
September, with expectations of more material
arriving from the US and demand remaining
uncertain.
Europe TiO2 demand to
improve on restocking, Brexit
preparations
European titanium dioxide (TiO2) demand in
September is likely to be determined by
restocking and Brexit preparations in a fragile
economic climate.
Europe benzene spot at
fresh 2019-high, near 13% rise in August so
far
European benzene spot prices have reached a
fresh 2019-high as bids rose to $840/tonne on
Wednesday around midday, in a market that is
almost devoid of offers.
Europe MEG watches new US
capacity as spot price pressure
continues
European monoethylene glycol (MEG) margins and
spot prices have been under pressure for the
majority of 2019 and it is unclear if any
respite is on the horizon.
Europe LPG prices uptrend
capped by waning fundamentals
The European liquefied petroleum gas (LPG)
market suffered last week a disconnection
between prices and fundamentals.
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