On 28 December 2014, the Northwest European January ethylene contract price was fully settled at Eur810/mt FD, down Eur70/mt month on month, industry sources said. As a result, consumers of polyvinyl chloride once again press European sellers to reduce contract prices at least Eur35/mt ($40/mt) to take into account the drop in feedstock costs. Yves Heroes, Director of Marketing and Sales at KemOne, joins Platts editors Amar Carmody and Daved Chohan to address the difficulty European producers face with negotiations that start by continuously factoring in feedstock cost movement.
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