Europe top stories: weekly summary
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 22 September.
Turkey PE, PP spot prices
stable to firm as market braces for tougher
access to loans
Turkish polyethylene (PE) spot values remained unchanged this week, while prices in the polypropylene (PP) market were stable to firm, according to market sources.
European jet fuel prices
steady as demand woes offset by supply
With peak travel demand season long gone, the rally observed in European jet kerosene prices, tracking gains in upstream values, stalled earlier this week, lacking demand-side support.
September Europe PX
contract price up by €50/tonne
The European September paraxylene (PX) contract reference price has risen by €50/tonne month on month on the back of an increase in feedstock costs and firmer PX values in the influential Asian market.
Eurozone inflation modest
decrease in August could stifle further
interest rate hikes
Eurozone inflation edged down in August, according to the latest data from the EU’s statistics agency Eurostat on Tuesday.
Europe MMA prices firm on
lack of imports
Europe methyl methacrylate (MMA) prices have firmed due to a lack of cheap imported material.
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