Ethylene Europe

摘要

Tightening supply and a firmer upstream market provided a bullish backdrop for March ethylene contract price negotiations. Buyers and sellers were expecting an increase, ending three straight months of a rollover, but were at odds on the scale of the hike. Producers were aiming for a significant rise to cover cost inflation and to improve margins. However, consumers felt the impact of the upstream price strength would be limited by the poor downstream market, cautioning that a spike in monomer pricing could destroy demand.