Kraftliner prices have risen in line with price increases in European pulp. Pulp prices have spiked due to reduced stocks in Europe, currently 2% lower than last month and squeezing stocks further.
Polyethylene prices have followed feedstock ethylene in rising in recent weeks. This has been partly offset by sufficient supply levels within the EU and more attractive prices in the US as the dollar has weakened.
PET prices rose between February and March because of reduced imports into the EU and upcoming factory maintenance, which sees manufacture shut down.
Aluminium prices have fallen due to downward pressure in the energy market steered by the drop-off in crude oil prices.
Styrene prices rose because of low supplies caused by factory maintenance shutdowns in Europe. Reduced exports from the US to the EU as a result of extreme weather affecting production exacerbated the situation.
Packaging | Price in GBP per tonne | m-o-m % | y-o-y % |
---|---|---|---|
Kraftliner UK | 641.8 | 7.60% | 35.40% |
Steel EU | 533.2 | -1.10% | 30.10% |
Testliner UK | 574.6 | 4.70% | 28.80% |
Polypropylene UK | 1200.8 | 1.70% | 14.90% |
PET UK | 1050.3 | 1.80% | 6.40% |
LDPE UK | 1297.8 | 1.00% | 3.00% |
HDPE UK | 1193.3 | 1.50% | 2.80% |
Aluminium alloy LME UK | 1319 | -0.90% | 1.00% |
Polystyrene UK | 1344.3 | 7.00% | -2.70% |
Cartonboard UK | 791.2 | 1.80% | -8.30% |
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