Insight
European olefins: P/E ratio approaches 1, where does it go from here?
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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