02/25/2010

PIE - News-Ticker on Plasteurope.com

Polyurethanes: Feedstock price slide halted in February

With inventories generally long, notations for polyurethane feedstocks in Western Europe showed little change in February against January, the newsletter Plastics Information Europe (PIE, Bad Homburg / Germany; www.pieweb.com) says in its latest report. However, the downslide has been halted.


Although higher MDI production costs suggested a rise for the polymeric material in Q1, prices actually fell by EUR 25/t. The EUR 10/t decline for pure MDI was seen as a rollover, and concessions granted larger customers in January as a fleeting phenomenon, as February saw notations restored prices to the previous level. Polyols producers stuck rigidly to the numbers agreed earlier, PIE says.

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