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European producers decreased LLDPE prices

June 03/2011

MOSCOW (MRC) -- In June, European producers decreased export prices for linear polyethylene (LLDPE) on average by EUR 50-70/mt under the pressure of declined contract prices for ethylene, according to ICIS-MRC Price Report.

In May, some European producers decreased prices for linear polyethylene for the domestic market. Export prices remained without changes, except for butene grades of LLDPE. In June, after cheapening of ethylene from European producers, export prices for polyethylene significantly decreased.

The level of export prices for hexane linear polyethylene in June fell on average by EUR 50-70/mt. Export prices for butene LLDPE were corrected yet in the second half of May. In June, the price kept on decreasing. In comparison to May, the level of prices for butene linear polyethylene fell by EUR 70 Ц 120/mt.

Tags:PE, LLDPE, ethylene.
Category:General News
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