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With global container shipping costs coming down, European polymer markets are seeing offers of material from the Far East rise, adding pressure to prices in an already over supplied environment.
Platts Petrochemicals editors Abdulaziz Ehtaiba, Hui Heng and Daniel Pelosi, and Containers editor George Griffiths talk about the logistical landscape and the fallout it is causing in the polymer markets.
Price assessments relevant to this episode:
PP Homo Inj FD NWE Spot Eur/mt - AALUR00
PP Inj CFR FE Asia - PHBIF00
Platts Container Rate 1 North Asia-UK Continent $/FEU - PCR0100
HDPE Film CFR Far East Asia - AATYE00
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With global container shipping costs coming down, European polymer markets are seeing offers of material from the Far East rise, adding pressure to prices in an already over supplied environment.
Platts Petrochemicals editors Abdulaziz Ehtaiba, Hui Heng and Daniel Pelosi, and Containers editor George Griffiths talk about the logistical landscape and the fallout it is causing in the polymer markets.
Price assessments relevant to this episode:
PP Homo Inj FD NWE Spot Eur/mt - AALUR00
PP Inj CFR FE Asia - PHBIF00
Platts Container Rate 1 North Asia-UK Continent $/FEU - PCR0100
HDPE Film CFR Far East Asia - AATYE00
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