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Headline Story

August hints at stable to slightly softer PP, PE outlook in Italy


In Italy, initial August offers and price indications started to surface in polyolefin markets recently with a South European producer pioneering rollovers on initial PE prices following the settlement of monomer contracts earlier this week. Similarly, several players reported stable price levels for PP...


News Stories

Japan’s factory output drops, S Korea’s output rises


Japan’s factory production fell 3.3% in June, according to the latest government statistics after an increase of 0.7% in May. The larger-than-expected decrease was blamed on...

Trader: Local PE prices rise on higher logistic costs in the Philippines


According to a trader, prices for locally-held import PE cargoes are moving higher in the Philippines in line with stronger logistics costs...

Distributors: Local PE prices facing upward pressure in Vietnam


Distributors in Vietnam’s PE market report that prices for locally-held materials are facing upward pressure owing to...

US producers seek price hikes on PP for August


Market players in the US reported that several producers have announced price hikes on domestic PP prices for the month of August. The latest increase reportedly came from Formosa Plastics who is planning an increase of...

Williams Partners delays cracker restart in US


Williams Partners revealed in its second quarter financial results that it would delay the restart of its Geismar, LA cracker. The restart of the plant had been planned for July, but is now delayed to...

PS prices reach record highs in the US


Market players in the US reported that domestic contract prices for PS settled higher in the US for July, marking the first increase since February. The increase...

Taiwan sees growth of 3.8% in Q2


According to official data, economic growth in Taiwan exceeded earlier forecasts, growing 3.84% in the second quarter of 2014. This was the strongest figure since...

Russia’s RusVinyl begins trial production at PVC plant


Russia’s RusVinyl has reportedly completed construction at its new facility and is currently beginning trial runs at the plant...

Russia’s Rosneft gets regulatory approval for SANORS acquisition


Russia’s Rosneft has received approval from Russia’s Federal Antitrust Service for its planned acquisition of SANORS...

Shell lifts force majeure on styrene from Singapore facility


Market sources report that BASF-Shell joint venture Ellba Eastern has lifted a force majeure on output from its...

Singapore’s Jurong Aromatics starting up new plant


Singapore’s Jurong Aromatics has begun commissioning its new aromatics plant in Jurong Island, Singapore, according to market sources...

August butadiene contracts settle in US


Market sources report that August butadiene contracts in the US have settled with...

China’s Sinopec nominates PX, PTA contracts for August


China’s Sinopec has nominated its PX and PTA contracts for August, according to market sources....

Dalian Futures Market: PP, LLDPE, PVC


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

Sept Brent crude fell $1.21 to $106.51/bbl Wednesday


Sept Brent crude fell $1.21 to $106.51/bbl Wednesday...


Weekly Analysis


Material from new PP capacities surfaces in China

PP prices were mostly unchanged week over week as players reported that material from some new coal based PP capacities is beginning to appear on the market...

SEA & India

More August PP prices announced higher to SEA

More producers announced higher PP prices after August increases were pioneered by Middle Eastern and Southeast Asian producers last week. An agent of a Saudi Arabian producer reported lifting their homo-PP prices by $...


Buyers and sellers at odds about August PP outlook

Trading activities have slowed down in the PP market ahead of the upcoming Eid holiday. Raffia demand is deemed particularly poor while several fibre converters are also considering...


Players project no further increases for PP

Increases from €15/ton to €25/ton passed on July PP deals and players are now waiting for the monomer contracts to settle for August...

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