processing...

Blog Details

September demand uptick limited | Some customers purchase from lower inventories

Sep 15, 2022

- September demand uptick limited- Some customers purchase from
lower inventories



The week ended September 14 saw mixed
activity in Europe's linear-low-density polyethylene markets. C4 grades were
still under pressure, while higher-energy-intensive grades like C6 and
metallocene were seen rising. C4
grade was experiencing a downtrend. One trader said that most activities were
occurring between Eur1,230-1.330/mt. However, he noted that one producer was
offering material below Eur1,200-1,210/mt to 100-200 mt cargoes. Another trader claimed he could fix multiple cargoes within
the Eur1,100-1.200/mt range, despite sellers claiming they couldn't make
margins for products sold in Europe at below the high-Eur1,300-1,310s/mt. A producer stated that some are selling below monomer. He
hopes there will be some recovery after the summer lull, but there is still
pressure on inventory accumulation. This is not fixed and the...

Exclusive market movement data, shipping lineups, demand signals and pricing rationale continue in full report.

Unlock complete article access with a paid account.

Continue Reading With Membership

This is a preview. Login and activate a paid plan to read the complete article.

Login to Continue