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EPL June 2019: 5 key olefins market discussion points from Lisbon

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18 June 2019

EPL June 2019: 5 key olefins market discussion points from Lisbon

Report summary

Wood Mackenzie Chemicals was delighted to participate in the June EPL (European Petrochemical Luncheon) held in Lisbon, Portugal on 13-14 June 2019. Our reflection over dozens of meetings and interactions regarding the European olefins industry are summarised across five key market discussion points (supply, demand, trade, prices and margins). This includes short-term hot topics, and key longer term trends in the olefins industry.

Table of contents

  • 1. Supply – generally covered, but unplanned outages could cause near-term disruption
  • 2. Demand – trade wars near-term concern, circular plastic consumer trends further out
  • 3. Trade – olefin monomer imports are noted more than polyolefin imports
  • 4. Prices – European prices are high relative to other major markets
  • 5. Margins – from top-of-cycle to pronounced and extended cyclical low

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    EPL June 2019: 5 key olefins market discussion points from Lisbon

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