Europe top stories: weekly summary

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 5 April.

India’s urea imports plunge in January as country plans to end imports by 2025
In India, urea imports were at 400,542 tonnes in January, down 69% from 1.3m tonnes in January 2023 as requirement for fresh purchases decreased due to above average stock availability, according to customs data.

European Commission implements definitive dumping duties on China PET
As of 3 April, certain types of polyethylene terephthalate (PET) originating from the People’s Republic of China (PRC) will be subject to anti-dumping duties imposed by the European Commission.

Costs, margins a pressing concern in the Europe epoxy industry, talks firmer for April
The continued uptrend in raw material costs is piling on the pressure in the Europe epoxy industry and triggering price rise proposals for April, as profitability issues mount.

Eurozone inflation declines further in March as energy costs drop, food inflation slows
Inflation in the eurozone continued its slow downturn in March, falling to 2.4%, Eurostat said on Wednesday, as energy price declines continued and upward pressure on food and industrial goods lessened.