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Headline Story

New Middle Eastern PP, PE prices announced for August in SEA


Several Middle Eastern producers have announced their new August PP and PE prices to Southeast Asia with increases of around $10-20/ton from July, attributing their price increases to firm global trends, limited supplies as well as strong ethylene costs...


News Stories

Turkey’s foreign trade statistics reported for June


Turkey’s exports increased while imports decreased in June...

Dalian Futures Market: PP, LLDPE, PVC


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

Sept Brent crude fell 96 cents to $107.07/bbl Thursday


Sept Brent crude fell 96 cents to $107.07/bbl Thursday...

NYMEX Sept crude fell $1.05 to $102.07/bbl Thursday


NYMEX Sept crude fell $1.05 to $102.07/bbl Thursday...

Distributors wary of replenishing in Vietnam’s PE market


Distributors in Vietnam report that they are hesitant to replenish stocks in large amounts these days...

Initial July MEG contract settled in Europe


An initial MEG contract for July has been settled in Europe...

Dow Chemical posts weaker financial performance in Q2


The Dow Chemical Company announced their financial results for the second quarter in a company statement dated July 23 on their website...

China’s manufacturing hits 18-month high: HSBC


Manufacturing activities in China hit their highest level in the last 18 months in July...

Serbia’s HIP Petrohemija to shut complex for maintenance


Serbia’s HIP Petrohemija is planning to shut their petrochemical complex in Pancevo for maintenance at the beginning of September...

Turkey’s sectoral confidence indices reported for July


The Turkish Statistical Institute (TUIK) reported confidence indexes for Turkey’s services, construction and retail trade for July on their website on July 24...

Upcoming LDPE, HDPE, PVC shutdowns in Russia


Russian producers Kaustik Volgograd, Kazanorgsintez and Ufaorgsintez are planning to shut their plants for maintenance...

Spain’s Repsol reports higher net profit for H1 2014


In a company statement dated July 24, Spain’s Repsol reported a higher net income for the first half of 2014...

Dalian Futures Market: PP, LLDPE, PVC


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

Sept Brent crude rose 70 cents to $108.03/bbl Wednesday


Sept Brent crude rose 70 cents to $108.03/bbl Wednesday...

NYMEX Sept crude rose 73 cents to $103.12/bbl Wednesday


NYMEX Sept crude rose 73 cents to $103.12/bbl Wednesday...


Weekly Analysis


China’s PP market at steepest discount to SEA for one year

Import PP prices held mostly steady, defying a firming global trend and pushing the discount carried by homo-PP prices on a CFR China basis relative to CFR SEA prices to its lowest level in the past year, according to data from ChemOrbis Price Index...

SEA & India

Initial August PP prices announced higher to SEA

Several producers have announced August prices to the region with increases this week, pointing to firm global trends and limited supplies as the main reasons for their price increases. A Saudi Arabian producer lifted their August prices for homo-PP 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...


PP players wrapping up July business

July PP business is being wrapped up with monthly increases of €15-20/ton while a few sellers continue to seek...

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