High-Density Polyethylene Europe

摘要

Unlike other PE grades, European high density polyethylene film prices were able to resist pressures of falling feedstocks on the back of limited supplies, sources said. HDPE film prices were assessed flat at Eur1,260/mt FD NWE, while blowmolding prices were assessed at Eur1,220/mt and injection and Eur1,240/mt, slightly down on the week. Feedstock ethylene spot prices hit a low not seen since May 27 at Eur910/mt FD NWE as a result of the fall in energy markets. Expecting a further downside to prices in an environment of bearish feedstocks, blowmolding and injection converters retreated from the market. Sources, meanwhile, said that the film demand was buoyed by medium density production hiccups, sources said. Meanwhile, abundant supplies for HDPE injection and blowmolding drove European producers to the Turkish market on the back of soft demand in Europe.