PlasticsEurope sees little future in futures market

摘要

Sales of polymer on the futures market as an attempt to overcome price spikes is not the way to go,says John Taylor (above),Borealis CEO and president of PlasticsEurope,the successor organization to the APME,the European resin makers' association (Brussels).Ventures such as the proposed sale of PP and LLDPE futures contracts on the London Metal Exchange,which is set to launch next May,are not going to benefit processors nor promote the development of new materials that the market needs,he says.