Higher Prices Prevail, for Now

摘要

Tight ethylene monomer supply is driving PE price increases, resulting from multiple ethylene outages and the impact of an unusually severe winter. For example, LyondellBasell's Equistar Gulf Coast PE plants have been greatly hampered by extended force majeure conditions at its olefins business. Reduced industry ethylene capacity and the fact that monomer producers are now also buyers have raised prices.