With the unexpected reduction of EUR 10/t in the C2 contract at the beginning of the month, the plunge experienced recently by polyethylene prices gained further momentum. The supply bottlenecks with specialities reported in April largely disappeared in May. In fact, the markets tended towards a surplus – or were already oversupplied. This was primarily due to the fact that the quantities ordered by converters were just under a third below expectations. Demand thus remained very weak again in the second... (02.06.2023)