Europe top stories: weekly summary

ICIS Editorial

23-Sep-2024

LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 20 September.

Sluggish demand keeps Europe oxo-alcohols prices stable despite some constraints
Prices in the European oxo-alcohols spot market held steady for all grades this week, although some producers had supply constraints, as demand remained underwhelming.

Africa PE/PP prices tumble on high stocks, fierce competition among sellers
African polyethylene (PE) and polypropylene (PP) prices are stable to down this week, as buyers increasingly find themselves in a strong position.

Europe BD supply likely to stay tight until year-end
Several production events have shaped the European butadiene (BD) market in 2024, and this looks set to continue through the fourth quarter.

Europe MA spot prices stable, but offers for October firming on reduced local output
European maleic anhydride (MA) spot prices were stable last week, but offers for October delivery were firming.

Urea short-term trend firms after India tender, but global demand still lacking
A lack of buying interest at all import hubs except for India will keep any upside capped for urea, but the short-term trend has stabilized after National Fertilizers Limited (NFL) bought over a million tonnes.

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