Low Density Polyethylene Europe

摘要

European LDPE spot prices posted gains this week, trackingan up-tick in Asia and Turkey. Rebounding Asian pricesimproved sentiment in Europe, stabilizing prices, sourcessaid. CFR FE Asia prices were assessed Wednesday at$1,510/mt, up $50/mt on the week. Turkish prices alsogained $35/mt on the week, closing Wednesday at $1,600-1605/mt CFR. European spot values were assessed Eur30/mthigher at Eur1,150-1,155/mt FD NWE, Wednesday. “Thoughdemand for LDPE is still weak , it is better than before.Converters are buying as inventory levels were too low,” aproducer said. “Eur1,120/mt FD NWE is now the low end[for LDPE], most buying is above Eur1,150/mt,” a tradersaid.