- The demand for is still subdued and will not rise until Q3- March monomer increases by Eur30-31/mt compared to FebruaryThe European ethylene spot price was stable with subdued sentiment in the derivative market. According to the trader, there were also fears of job loss and further interest rate rises. The trader stated that the European Central Bank was poised to raise rates with Germany still experiencing a high inflation rate. The post earthquake rebuild in Turkey could be a positive for the market. However, any resolution to Russia-Ukraine conflict will also require a postwar rebuild investment. One on the other hand, "It could happen that things will deteriorate further," said the trader added. Another trader stated, "I see many positive signals." For example, the sentiment among users has improved. This would indicate that demand should be OK. For example, the Turkish earthquake, lots...