Friday, February 22, 2008

Polyolefins rise in Europe

The hike in price of most polyolefins was restricted this month, after the high mark-ups seen in January. Producers' plan to pass on balance of the monomer increases in early February 2008 was forced to be aborted due to slow ordering by buyers. EVA and LLDPE rose up to € 35/ton, PVC posted a small rise of € 10/ton, polystyrene rose by €30/ton, whereas EPS lifted notations by up to € 50/ton.

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