Insight
European olefins: P/E ratio approaches 1, where does it go from here?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
For the European region, the settlement of the July olefins monthly contract prices (MCP) were at a level such that propylene has essentially reached parity with the ethylene price. This trend reflects a recent peak of rises in this ratio from January 2021. Stepping back, the directional trend of the European P/E ratio has been rising since early 2016. What is driving this? Where does it go from here?
Table of contents
- Introduction
- What is driving this?
- Where does it go from here?
- Final thoughts
Tables and charts
This report includes 1 images and tables including:
- European propylene/ethylene (P/E) price ratio utilising MCP pricing
What's included
This report contains:
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