Linear Low Density Polyethylene: Europe

摘要

European spot values continued to increase Wednesday, further amplified by critically low prompt supply. Spot values have strengthened to Eur1,070-1,080/mt FD NWE net level, often outpacing net contractual values as a narrowing contango into February has lifted all prompt offers further up. With replacement costs looking incrementally higher each day, sellers proffered to maximize returns and refrained from offering balance of January tonnes.