Friday, March 18, 2011

Spot PE firms in NW Europe despite easing naphtha

Spot values for polyethylene grades in Northwest Europe remained firm this week despite easing naphtha levels, due to tight supply tight for prompt volumes of many grades, as per Platts. Demand for Eaast-bound naphtha has been weak on reduced demand from Japan, while the European market has been showing a balanced long view.

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