As the monthly ethylene contract settles at a rollover, sellers will not be able to fulfill their full hike targets of €50-80/ton officially sought for March PE in Europe. As per Chemorbis, the main rreason behind this expectation is that the while some buyers are adamant about rollovers for PE, other buyers believe that some slight increases will be almost unavoidable for LDPE because of limited supply.
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Thursday, March 04, 2010
Monthly ethylene contract rolls over, slight increases in LDPE, HDPE outlook not strong in Italy
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