European LDPE: Spot activity stays
muted■ Buyers focus on
contractual obligations■ Demand remains bearishEuropean low density polyethylene spot market activity was muted
inthe week to Nov. 16, with a continuing decline in demand.Activity in the spot
market was also thin amid a delay in theagreement of the industry-settled
ethylene contract price forNovember.Spot market participants were also sticking
to their contractualobligations limiting trading.European LDPE availability
remained stable, as there were noissues in sourcing material, despite weak
demand in the weekto Nov.16.European LDPE Weekly Rationale









Low density polyethylene spot price at Eur1,450/mt FDNWE Nov. 16,
stable on the day and on the week, at the lower end ofa range of corroborated
indications heard at Eur1,450-1,500/mt, andconsidering muted spot activity.FD
Germany LDPE freely negotiated gross contract prices wereassessed at
Eur2,085/mt, unchanged on the...