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European PE prices increased by EUR30 in October

October 09/2017

MOSCOW (Market Report) - The October contract price of ethylene in Europe was agreed up EUR30/tonne than in September. However, European polyethylene (PE) producers raised their export PE prices by EUR30-50/tonne for October shipments to the CIS countries, as per ICIS-MRC"s Price report.

Negotiations over October export prices of European PE to be shipped to the CIS markets began last week. Many negotiators said most European producers raised their export PE prices more than the amount of the increase of monomer prices. Only in some cases, there was a price increase of EUR30/tonne, whereas in most cases, the rise was EUR40/tonne or higher.

October deals for high density polyethylene (HDPE) were discussed in the range EUR1,050-1,110/tonne FCA, whereas last month"s deals were done in the range of EUR1,020-1,070/tonne FCA. Deals for black PE 100 were done in the range of EUR1,250-1,270/tonne FCA.

October deals for low density polyethylene (LDPE) were negotiated in the range of EUR1,130 - 1,220/tonne FCA, whereas last month"s deals were done in the range of EUR1,090 - 1,180/tonne FCA. Most producers increased prices for linear polyethylene by EUR50/tonne in comparison with the level of September, deals were discussed in the range EUR1,360-1,420/tonne, FCA.


mrcplast.com
Author:Anna Larionova
Tags:Europe, PE, LLDPE, LDPE, HDPE, Russia.
Category:General News
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