Europe top stories: weekly summary
ICIS Editorial
05-Feb-2024
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 2 February.
Europe February ethylene
contract price up €5/tonne from
January
The European ethylene contract reference price
for February has been set at €1,190/tonne, up
by €5/tonne from January.
Europe PO 2024 adder
decreases by €350/tonne
The European propylene oxide (PO) contract
adder for 2024 has decreased by €350/tonne.
European R-PET flake
continues strong upward trend into
February
Prices for free delivered (FD) colourless (C)
recycled polyethylene terephthalate (R-PET)
flake and food-grade pellet (FGP) have
increased for February as buyers conclude deals
to secure limited material.
Europe PA demand uptick
to persist in February
Sentiment among European phthalic anhydride
(PA) producers is firming even though demand
increases seen so far have not compensated for
price losses during contractual negotiations in
late 2023, according to buyers and sellers.
Fertilizer powerhouse
China increased 2023 market share despite
government restrictions
China’s fertilizer exports increased last year
after the blip of 2022.
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