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MOSCOW (MRC) -- Celanese Corporation, a
global technology and specialty materials company, and a global leader in vinyl
acetate ethylene (EVA) emulsions, has announced an increase in its
September low density polyethylene (LDPE) prices in the Americas, as per
the company's press release.
The price increases below are effective for
orders shipped on or after 15 September 2020, or as contracts otherwise allow,
and are incremental to any previously announced
increases.
Thus, LDPE prices rose, as
follows:
- by USD0.05/lb - for the USA and
Canada;
- by USD100/mt - for Mexico & South
America.
As MRC reported earlier,
Celanese also raised its September prices of ethylene-vynil-acetate (EVA) for
the stated above regions, as follows:
- by
USD0.05/lb - for the USA and Canada;
- by USD100/mt
- for Mexico & South America.
According to ICIS-MRC Price
report, in Russia, demand for LDPE has remained very weak in the spot market
since the beginning of the month. Converters made purchases exclusively under
the existing orders for finished products, they refused to put LDPE and finished
products into their warehouses. Buyers were confident that in October, with the
end of the shutdowns for maintenance at several production capacities, supply of
PE would increase significantly and prices would substantially
decrease.
Celanese Corporation is a global technology leader in the
production of differentiated chemistry solutions and specialty materials used in
most major industries and consumer applications. Based in Dallas, Celanese
employs approximately 7,700 employees worldwide and had 2019 net sales of USD6.3
billion. |
