Mind the gap: Widening spot discounts to contract prices prompt rethink - Mind the Gap - Petchem Report

Mind the gap: Widening spot discounts to contract prices prompt rethink**Petrochemicals special report** March 20202019 was a bearish year for the petrochemicals industry. With weaker-than-expected demand, additional global capacity coming online and shifting trade..Contents

Buyers rethink contract pricing as spot-to-contract discounts widen

Styrene contract negotiations strained as spot contract prices disconnect

Methanol spot appetite grows, contract pricing still dominates Europe and US markets

European olefins contracts challenged by cheaper spot

Ethylene derivatives buyers push for greater spot exposure

Asia turns to paper markets amid growing need for hedging tools

Conclusion: A new era for petrochemicals indexation?

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