Low Density Polyethylene Europe

摘要

European low density contract prices recorded another gain as pressure to improve margins remained the priority of producers this week. "We understand that the bulk of increases are behind us but we are still working with thin margins," a producer said. He pegged notional offers at Eur1,600/mt FD NWE. "The market is still good. We expect to be ending the month at Eur1,570-1,580/mt FD NWE," another producer said. Most suppliers had scaled back target increases of Eur200/mt and above to Eur150-180/mt as demand cooled, sources said. Converters were aiming for contract prices of Eur1,550-1,580/mt FD NWE.