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Headline Story

Saudi major approaches Mediterranean PE markets with lower August prices


A major Saudi Arabian producer revealed their new PE offers for August with decreases month over month to Mediterranean markets including Turkey and Egypt this week. Nonetheless, players in both of these markets were not satisfied with the reduction amounts from the source...


News Stories

Players: domestic PET gains competitiveness on weaker ringgit in Malaysia


According to players in Malaysia, domestic PET cargoes are becoming more competitive relative to imports owing to the weakening ringgit...

Turkey’s polymer imports fall for second straight month in June


According to ChemOrbis Import Statistics, Turkey’s total polymer imports declined around 5% on a monthly basis to...

ExxonMobil announces financial results for Q2


ExxonMobil announced its financial results for the second quarter of 2015, according to a press release published on the company’s website. The company’s earnings...

Import PP prices sink to fresh lows in China


Players in China report that import PP prices sank to a fresh low towards the end of the week, pushing import homo-PP prices on a CFR China basis to their lowest levels since mid-February, according to data from ChemOrbis Price Index...

SK Global withdraws from August PX contract negotiations


According to market sources, South Korea’s SK Global Chemical has dropped out of the August PX contract negotiations in Asia. The company’s last nomination for August was at...

August sell ideas for West European PS surface in Turkey


In Turkey, an agent of a West European PS producer voiced his sell ideas...

Three PX producers cut their initial August PX offers in Asia


According to market sources, three PX producers lowered their initial August PX nominations to Asia. South Korea’s SK Global Chemical decreased its PX nomination by $...

China’s Sinopec nominates its MEG, PTA contracts for August


According to media reports, China’s Sinopec has nominated its MEG and PTA nominations for August. The producer’s...

FTA between Turkey and Malaysia to take effect on August 1


The free trade agreement (FTA) which was signed between Turkey and Malaysia on April 17, 2014 in order to increase mutual trade will go into effect as of...

Italy’s commercial vehicle sales up in June


In Italy, commercial vehicle sales increased year over year in June, according to data from carmaker association UNRAE. Sales rose...

August butadiene contract settles in US


According to market sources, August butadiene contracts have been settled in the US. The new contracts stand at...

OPEC expects stability in oil prices in 2016


According to media reports, the Organization of Petroleum Exporting Countries’ (OPEC’s) Secretary-General Abdullah al-Badri reported that they expect to see stabilization in oil prices in 2016 as...

South Korea’s industrial output climbs 2.3% in June


According to data released by Statistics Korea, South Korea’s industrial output rose 2.3% on the month in June after...

SHELL, SABIC announce August MEG contracts to Asia


According to market sources, Shell and SABIC have announced their MEG contracts for August to Asia at $...

Dalian Futures Market: PP, LLDPE, PVC


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


Weekly Analysis


Buyers remain sidelined as PP continues to slide

PP prices continued moving downwards over the past week, although trade remained muted as most buyers remain hesitant to purchase as they believe that the market has not yet reached the bottom...

SEA & India

Regional PP producers move to protect market share in SEA

Regional PP producers have lowered their prices in a bid to preserve their market share in the face of possible re-exports from the nearby Chinese market...


PP market extends bearish trend into August

The bearish trend for PP remains in place moving into August now that upstream costs registered refreshed drops...


August sell ideas expressed lower for PP

August propylene contracts settled yesterday and sell ideas have started to emerge in the PP market...


A major Saudi producer steps back on PP prices

A major Saudi producer revealed their August PP prices with $...

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