Polypropylene:Europe

摘要

NWE polyethylene terephthalate appeared to be heading for a rare late-summer peak this week, with reduced production rates and low import volumes combining with anticipated rises in feedstocks PX and MEG to push up contract prices, according to sources. “Historically we would expect the market to fall off a cliff in September, but the forecast we have doesn’t represent a softening at the moment,” one UK consumer said. “The market normally picks up again in November before the holiday period, but this is an unusual situation.” A consumer in mainland Europe echoed the sentiment, saying its perception of September had changed despite previous expectations for further decreases following an August price dip.