Europe Low Density Polyethylene

摘要

Efforts to replenish restock drove European low density prices higher this week, sources said. However, as macro indicators remained grim, sources attributed the increase in prices to supply-side effects. Producers said inventory overhang had subsided due to measures designed to reduce operating rates and exports. Elsewhere, German chemical output fell 0.5% in the first quarter from the previous quarter due to difficult economic conditions in Europe, the VCI industry federation said in its quarterly report Wednesday.