A buyer in Belgium voiced his January buy ideas with rollovers for West European PS cargos after wrapping up his December business with €50/ton increases. “Trading activity is limited now and we are just back to the market following a two-week shutdown at our plant. Sellers may ask for rollovers amidst tight supplies and lower monomer costs, while any price hikes could be postponed to February-March,” the buyer argued.
In Germany, a compounder described overall activity as calm for this week, saying that most buyers will resume their production starting from January 11. The buyer reported facing slightly higher offers from his West European suppliers while he will continue to make inquiries before buying material.