Ethylene Europe

摘要

Ethylene spot prices remained stable this week as tight supply was offset by a lack of improvement in demand. Ethylene spot prices were assessed Friday at Eur1,240/mt FD NWE. One buyer said his buying interest had eased on bearish signals. This comment followed news of Shell saying Friday it would have product available from its steam cracker in Moerdijk, the Netherlands, during the first half of July. “We continue to make good progress on repair work on the steam system that was damaged in October 2014. We have reached mechanical completion on key works and are in the process of steam blowing,” a spokesman said. “This is a process along with other startup and commissioning activities that will take several weeks.