Polyethylene (LDPE, HDPE, LLDPE) - The European Polyethylene Market: Summer Trends 200913 Jul 2009 • by Natalie Aster
The European polyethylene (LDPE, HDPE, LLDPE) market in summer 2009 was characterized by price rises (by an average of 10% or by €100/tonne), tight supply paralleled by fairly large exports, reduced operating rates coupled by a number plant operational failures (primarily, at Polimeri Europa’s PE facilities in Gela and Priolo, Italy).
Low density polyethylene price stood at about €1,000/ton FD (NWE). Spot prices were lower - €900-950/ton FD (NWE).
Most buyers felt disgruntled at the current pricing trends saying that recent upward drift is hardly justifiable since oil prices are going down. The current market trends may well persist until September.
Major PE manufacturers in Europe include Borealis, Domo Chemicals, Dow Chemical, INEOS Olefins, LyondellBasell, Polychim Industrie, Repsol, SABIC and Total Petrochemicals.
More information about polyethylene (LDPE, HDPE, LLDPE) market can be found in Polyethylene Market Research issued by Merchant Research & Consulting LTD. The objective of this report is to analyze the global and local polyethylene markets. The review provides the information on product prices, manufacturers, suppliers, etc. The report describes production intricacies, arising ecological issues, current technological advances, etc.
Direct Report Link: http://mcgroup.co.uk/researches/P/12/Polyethylene%20Market%20Research.html