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  1. A rally on the polymer market

    ... products had started to pick up, including for engineering plastics, and processors’ operating rates began to grow. At the same time, prices for LPG and naphtha, essential materials used in the production of polymers, increased. In particular, in the European Union, the cost of liquefied petroleum gas (C3, C4) increased by an average of 92% from the second quarter of 2019, and the price of naphtha tripled. Pent-up demand also had an impact on price growth in early 2021. In addition, force ...