Europe PGE May spot price targets emerge, further feedback pending

摘要

LONDON (ICIS)--The European propylene glycol ether (PGE) market remains balanced, with players awaiting price targets from suppliers for May, according to sources on Friday. May spot price targets are expected to be firmer, due to the increase in propylene costs. The upstream propylene contract reference price for May settled at a ?25/tonne increase from the previous month.