European ethylene spot prices have firmed week on week on the back of better-than-expected demand amid higher feedstock values and an increasing focus on upcoming planned cracker maintenance outages.
Spot deals this week have been reported at discounts of 32-35% on the pipeline, prior deals had been at discounts of around 38-39%.
Producers say they have received several requests for additional volume offtakes in July. This is being attributed to a combination of factors:
by Nel Weddle
Source: icis.com
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