Standard Thermoplastics Trend November 2014: Cost reductions for olefins not yet matched in product prices / Price cuts nevertheless substantial / Supply now adjusted to demand / Styrenics stagnate / Stability dominates

摘要

In the first third of November, the hopes of many customers that the EUR 90/t reduction in the olefins' contract notations would be fully factored into their polymer prices were quashed. Most producers were well prepared for the situation, having cut back production and lowered their stocks. As a result, they managed to keep the cuts for PE at EUR 35-55/t, PP at EUR 65/t, and PVC at EUR 30/t. Styrenics, on the other hand, are stagnating in a predominantly weak rollover.