According to the “Chem-Courier”, in the second half of October in Europe, the situation on the LDPE market has not changed much. Demand in the lower region. The volume of supply is still limited, but they are sufficient to meet the needs of processors. Against the background of low activity of players HDPE costs decreased slightly. Who polymer sold po1220-1260 euros per tonnuFD northwest Europe, that is, only by 10 euros less than two weeks ago. It should be noted that this week, the number of transactions was minimal, because many players were absent: Dusseldorf (Germany) started a regular exhibition «K-Show», one of the largest in the world plastics market. By the end of the month the situation on the European market LDPE remain stable: the cost will remain at the current level, will vary in a narrow range. Active processors will remain low or rise slightly. In late October value of linear polyethylene does not change in Europe. Now LET butene in the region may be purchased po1160-1200 euro hexene grade polymer released traders po1220-1280 euros, respectively, for tonnuFD North-Western Europe (as well as two weeks ago). It should be noted that the volume of polymer offers still exceeds demand. In this market the surplus production not as significant as in the beginning of the month. Consumer activity is low. In the near future the cost of the polymer will remain at the current level. In November, one of the main factors determining the dynamics of the cost of linear polyethylene, ethylene will be a new contract price. The market will be supply and demand balance. In the ethylene market in Europe to strike a balance. In mid-October, the olefin is offered on the open market at an average po885 euros per tonnuFD North-Western Europe. Quote varied in a narrow range throughout the month. ethylene contract price was set in early October. It amounted to 940 euros per tonnuFD or na15 euros higher than last month. Price increase was due primarily to the growth of quotations of raw materials on the world market. The volume of product offerings in the region will grow. «Versalis» in early November to resume work of the enterprise in Dunkirk. Opening repairs after two crackers in Germany is scheduled in October: BPRP – in Gelsenkirchen and «LyondellBasell» – in Wesseling. In addition, the Czech company «Unipetrol» officially confirmed the launch of the steam cracker in Litvinov. Recall: 13 avgusta2015, the company suffered from the accident at work. Note that
October 17 this year at a plant in Ludwigshafen kompaniiBASF explosion occurred as a result of which the work was stopped by the complex. The company declared force majeure on ethylene purchase due to the difficulties encountered with the logistics. BASF was forced to stop rabotu24 petrochemical plants, including the cracker.