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Headline Story

New coal based capacities putting pressure on China’s PP market

18/09/2014

Players in China report that the PP market is facing some downward pressure these days owing to the start up of some new coal based capacities as well as softer upstream markets and stagnant demand…



 

News Stories

Taiwanese producer concludes PVC deals in India

2014-09-18

According to distributors in India, a major Taiwanese producer is concluding PVC deals at levels...

Thai producer sells HDPE b/m with discount in Vietnam

2014-09-18

A source from a Thai producer reported that they concluded some HDPE blow moulding deals with a discount of $...

European Plasticizers Update

2014-09-18

In Italy, the plasticizers market is posting decreases this month after the August business was wrapped up mainly with rollovers...

China’s Sanyuan starts propylene production at new PDH plant

2014-09-18

China’s Sanyuan Petrochemical has reportedly started producing chemical grade propylene at their new PDH plant in...

Chinese PET producer lowers local, export prices

2014-09-18

A Chinese producer reported that they revised their export and local PET prices downward compared to last week in the face of...

India’s JBF to launch second PET line in Belgium

2014-09-18

India’s JBF Industries is planning to start up their second PET line in Geel, Belgium, at the end of September...

Turkey’s vehicle registrations down on year in July

2014-09-18

According to data from the Turkish Statistical Institute, motor vehicle registrations in Turkey retreated...

Import LLDPE prices trade at discount to ethylene in China

2014-09-18

Import LLDPE film prices are currently trading at a discount relative to spot ethylene prices in China as...

Dalian Futures Market: PP, LLDPE, PVC

2014-09-18

January LLDPE futures on the Dalian Commodity Exchange closed...

November Brent crude fell 22 cents to $98.83/bbl Wednesday

2014-09-18

November Brent crude fell 22 cents to $98.83/bbl Wednesday...

NYMEX Oct crude fell 50 cents to $94.38/bbl Wednesday

2014-09-18

NYMEX Oct crude fell 50 cents to $94.38/bbl Wednesday...

China adds stimulus to support economy

2014-09-17

The People’s Bank of China (PBOC) provided CNY500 billion ($81.4 billion) of liquidity to the country’s five biggest banks as the government increases stimulus in order to...

European PX contract settles for August, September

2014-09-17

Settlements for the August and September PX contracts were reported from Europe...

Southeast Asian producer express lower PP, PE sell ideas for Oct

2014-09-17

A source at a Southeast Asian producer has expressed their PP and PE sell ideas to the regional market with $20/ton decreases for the coming month...

China’s Jin Niu shuts PVC plant on thin demand

2014-09-17

China’s Jin Niu, an ethylene-based PVC producer, has shut their plant due to sluggish demand...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

Local PP prices soften as more coal based capacities arrive

Domestic PP prices came down on the week as lackluster demand along with softer feedstock costs and the recent start-up of several new coal-based capacities maintained downward pressure on prices...

SEA & India

PP buyers seeking price relief

Activity in the PP market is limited as buyers are expecting some price relief based on softer upstream costs and the emergence of new coal based capacities in China...

Turkey

Players: Will pressure from Europe on Turkey’s PP market ease?

PP prices continued to decline moving into the second half of September. Petkim issued two consecutive decreases over the week, which totaled $...

Italy

Will steady propylene reverse PP sentiment in October?

Decreases matching the propylene contract drop are passing on September deals in the PP market. Supply is still...

Egypt

More import PP deals emerge with discounts

Overall demand remains stagnant ahead of the approaching Eid holiday while players comment that local supply levels are comfortable, especially for raffia. Weak demand coupled with...

Daily Prices

 
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