Raw Materials

No significant changes are expected over the fourth quarter.

CEPSA scheduled shutdown started in October so a decrease in the supply of acetone is expected

Significant lower prices of inputs in October will be reflected in contracts next month

The value of nitrogen fertilizers has experienced a strong upward drift since August

Increase in consumption initiated its upward drift in July

Its average reference price remains about 960 € / t.

Both compounds have started the fourth quarter with the same values agreed in the previous month

Suppliers in Spain have chosen to hold the price set in the previous month

The force majeure declared at Moerdijk and shutdowns in Singapore could be affecting the market

Spreads observed have reached 25 € / t. over previous month tariffs.