Polymers Prices Headed Lower

Bad news upstream in monomers and downstream in end use markets vexed spot polymer markets in Europe, with low and linear low-density polyethylene off $50/m.t., high-density PE lower by $80/m.t., and polypropylene down by $100/m.t. Even polystyrene got nicked for $50/m.t. Traders in North America say markets there are under some pressure, but so far demand is holding. Ineos announced an increase in May polyvinyl chloride prices of...

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