Standard thermoplastics February 2021: Though prices already rose considerably, upward trend to continue / No improvement in supply situation / Plastics processors have little room to counter producers' demands

摘要

PE: The continuing PE shortage in Europe drove up prices for all types, in some cases dramatically. The hikes for film grades were sometimes above EUR 200/t. The order situation was mostly normal to good, but supply barely improved - as soon as one plant restarts, another piece of bad news comes along. Allocations of up to 40% of ordered quantities were normal. For March, ethylene rose EUR 75/t. Some producers demanded hikes of EUR 200-250/t, and it is likely that they will be largely successful. A great deal will depend on whether imports arrive in significant volumes in May 2021.