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Prices of European PE for CIS markets remained steady in August

August 09/2017

MOSCOW (MRC) -- The August contract price of ethylene was settled at the level of July in Europe. Because of this European producers of polyethylene (PE) have rolled over the July export prices for supplies in August in the CIS market, ICIS-MRC Price Report reported.

Negotiations over export prices of European PE to be shipped to the CIS markets began back last week. Many negotiators said that in the majority of the producers from Europe had rolled over export prices of polyethylene at the level of July due to the unchanged price of ethylene. Only in some cases there were attempts to achieve an increase in the price of EUR20/tonne.

Deals for the August shipment of high density polyethylene (HDPE) were discussed in the range of EUR930-1,020/tonne FCA, which actually corresponds to the level of the July deals, despite the serious strengthening of the euro against the dollar.

Deals for European black PE 100 were done in the range of EUR1,170-1,200/tonne FCA. Deals for August shipments of low density polyethylene (LDPE) were negotiated in the range of EUR1,080 - 1,150/tonne FCA, which practically corresponds to  last month"s prices.
Author:Anna Larionova
Tags:Europe, SNG, PVC, EPVC, SPVC.
Category:General News
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