Standard Thermoplastics February 2015: Producers manage to pocket some of the cost relief/ Suppliers' order stops signal turnaround by mid-month / Rebound in oil notation will likely result in increases in March

摘要

PE: After four months of decline, PE notations bottomed out in February. Although producers passed on a significant share of the C2 cost decline, many stopped taking orders at the end of the first week, thereby raising the price of transactions made later in the month. Now that the triple-digit rise in the monthly ethylene contract has proved true producers' speculations on rising notations, prices will rise across the board in March. In fact, suppliers have already announced hikes of up to EUR 160/t for tighter niche materials.