December PE increases exceed ethylene hike in Europe

As reported on, December PE prices have emerged higher across Europe over the past week, supported by firmer upstream costs. Sellers are aiming for increases larger than the hike of €22.5/ton in ethylene contracts, pointing to the prevailing supply constraints for PE. A South European producer is giving offers for their December PE contracts […]

Egypt’s local PP and PE markets see decreases

As reported on, in Egypt, devaluation of the Egyptian pound back in October had caused prices for the locally held imported cargoes to gain significant increases. Hindered import purchases amidst higher exchange rates and longer customs clearance procedures had also limited the supply in the distribution market. Sellers, trying to avoid losses stemming from […]