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European polyethylene converters seek to trace ethylene's fall for November contract prices

from Platts

European polyethylene converter sources this week said they were seeking contract price reductions in November, tracing a fall in the feedstock ethylene. The European ethylene CP fully settled last week at Eur1,095/mt ($1,510/mt) FD NWE, a fall of Eur20/mt on the back on softer naphtha costs and a slow ethylene-derivative offtake. more

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