May price increases fall short

June 2006
ICIS Chemical Business;6/5/2006, Vol. 1 Issue 22, p42
Trade Publication
The article analyzes trends in the international plastic markets. After a sluggish season in April 2006 when most prices rolled over, May proved to be a stronger month for European polyolefins. On average, polyethylene (PE) prices moved up by €50 per in May, with low density PE, linear low-density PE and injection moulding high-density PE proving the strongest performers. In June, margins at both the cracker and polymer level are squeezed and most players are expecting further increases in ethylene and propylene contracts for the third quarter. INSETS: HIKES UPSTREAM PAVE WAY FOR TOUGH JUNE;ASIA SEES HIGHEST PRICES FOR DECADE.


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