Europe top stories: weekly summary

ICIS Editorial


LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 2 February.

Europe February ethylene contract price up €5/tonne from January
The European ethylene contract reference price for February has been set at €1,190/tonne, up by €5/tonne from January.

Europe PO 2024 adder decreases by €350/tonne
The European propylene oxide (PO) contract adder for 2024 has decreased by €350/tonne.

European R-PET flake continues strong upward trend into February
Prices for free delivered (FD) colourless (C) recycled polyethylene terephthalate (R-PET) flake and food-grade pellet (FGP) have increased for February as buyers conclude deals to secure limited material.

Europe PA demand uptick to persist in February
Sentiment among European phthalic anhydride (PA) producers is firming even though demand increases seen so far have not compensated for price losses during contractual negotiations in late 2023, according to buyers and sellers.

Fertilizer powerhouse China increased 2023 market share despite government restrictions
China’s fertilizer exports increased last year after the blip of 2022.


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