IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

PE prices up in Europe, impact of import-duty hike unclear

6:30 AM MST | January 17, 2014 | —Francinia Protti-Alvarez

Contract and spot polyethylene (PE) prices have been increasing in the European market in recent weeks. Spot PE has been €1,300–1,380/m.t. ($1,771–1,880) del northwest Europe with high-density PE (HDPE) at the lower end of the range and low-density PE (LDPE) at the higher end, according to IHS Chemical. The initial impact on PE markets of the European Union’s revised Generalised Scheme of Preferences (GSP) customs regime remains unclear. The revised regime entered into effect on 1 January 2014. “The last couple of weeks have been...

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