Friday, November 23, 2012

Sentiment shifting in Europe’s PP, PE markets

PP and PE prices in West Europe and South Europe have followed a downward path for more than two months in the midst of weak demand and softer costs, as per ChemOrbis. Even though ethylene and propyleene contracts registered monthly decreases in relatively modest amounts, the decreases recorded in the spot polyolefin markets have well outpaced the losses of the monomer contracts.




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