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Headline Story

PP buying interest picks up on low stocks in Turkey

02/09/2015

Players in Turkey have recently started to report a pick-up in buying interest in the PP market, particularly for homo PP, after months of stagnant trading activities in the midst of steadily falling prices. Low stock levels on the buyers’ side mainly prompted the buying interest as they had avoided building stocks owing to...



 

News Stories

Chinese PP producer plans to start exporting in 2016-17

2015-09-02

A source from a Chinese PP producer reported that they are planning to start offering to the export market in 2016 or 2017...

Egyptian PP producer issues September raffia prices

2015-09-02

Egypt’s local PP producer EPPC issued their new September levels with decreases from August. Now, the producer’s new levels stand at $...

Major Saudi producer responds to weak market conditions in Egypt

2015-09-02

In Egypt, a major Saudi Arabian producer had initially approached the Egyptian market with up to $...

European PS prices for September emerge in Turkey

2015-09-02

Traders in Turkey are reporting new September PS offers from Europe with decreases when compared to early August...

IMF head: global growth weaker than expected

2015-09-02

According to media reports, the International Monetary Fund’s (IMF) head Christine Lagarde reported that global growth will be weaker than their previous expectations amidst...

Boston FED president Rosengren favors gradual rate increase

2015-09-02

According to media reports, the head of the Boston branch of the Federal Reserve, Eric S. Rosengren, reported that the exact time when the US Federal Reserve (FED) will increase interest rates is uncertain while adding that he thinks that rate increases should be gradual...

Local PVC prices for Sept announced lower in Thailand

2015-09-02

A distributor reported that local PVC prices for September have surfaced with decreases in Thailand. He blamed...

Upcoming PVC shutdowns in Asia

2015-09-02

According to market sources, three Asian PVC producers are planning to shut their plants for maintenance in the September- October period...

US Aug manufacturing grows at slowest pace in two years

2015-09-02

According to data from the Institute for Supply Management (ISM), manufacturing activities in the US expanded at the slowest pace seen since May 2013 in August...

August ethylene contracts start to settle in US

2015-09-02

According to market sources, August ethylene contracts are starting to settle in the US...

Mitsubishi Chemical Indonesia PT plans PET turnaround

2015-09-02

According to a source close to the company, Mitsubishi Chemical Indonesia PT is planning to shut its PET plant between...

Dalian Futures Market: PP, LLDPE, PVC

2015-09-02

Dalian Futures Market: PP, LLDPE, PVC...

October Brent crude fell $4.59 to $49.56/bbl Tuesday

2015-09-02

October Brent crude fell $4.59 to $49.56/bbl Tuesday...

NYMEX October crude fell $3.79 to $45.41/bbl Tuesday

2015-09-02

NYMEX October crude fell $3.79 to $45.41/bbl Tuesday...

Shell lifts FM on styrene output from Scotford, Canada

2015-09-01

According to market sources, Shell Chemicals has lifted a force majeure on styrene supply from its Scotford manufacturing facility in Alberta, Canada...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

PP prices break below $1000/ton in China

Import PP prices dropped below the $1000/ton threshold this week in the face of persistently sluggish demand and weaker upstream costs. Import homo-PP injection and raffia prices plunged $...

SEA & India

PP prices record steep declines in SEA

PP prices continued to lose ground on the back of slower than anticipated regional economic growth along with weaker upstream costs. Import homo-PP injection and raffia prices came down $...

Turkey

PP prices overthrown moving into Sept

PP prices saw steep decreases similar to other global markets. Limitation talks for prompt availability are overshadowed by the crashing upstream chain...

Italy

Lower PP prices awaited for September

August PP deals are being wrapped up lower this week and bearish September expectations have been confirmed by the propylene contracts...

Egypt

Middle Eastern PP prices start to surface in Egypt

Middle Eastern producers had started to adjust down their August prices last week amidst buyers’ resistance towards their offers. Overall Middle Eastern PP raffia offers...

Daily Prices

 
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