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Headline Story

Global players expect firm May prices out of the Middle East

21/04/2014

Middle Eastern producers have been supplying rather limited PP and PE quotas to many global markets, including Turkey, Egypt, Vietnam as well as the Middle East and African markets. Based on the ongoing limitation on the quota amounts and…



 

News Stories

European car sales up again in March: ACEA

2014-04-18

Car sales in Europe increased for the seventh straight month in March, led by an 18% surge in the UK...

Shintech to build ethylene plant in Louisiana, US

2014-04-18

US based Shintech is planning to build a new ethylene plant in Plaquemine, Louisiana, the US...

Turkey, Malaysia sign free trade agreement

2014-04-18

Turkey and Malaysia signed free trade agreement (FTA) on April 18, 2014 in order to boost bilateral trade...

Japan’s Asahi Kasei restarts styrene plant after turnaround

2014-04-18

Japan’s Asahi Kasei restarted its No. 2 styrene plant in Mizushima as planned after a maintenance shutdown...

Portugal’s Artlant shuts Sines PTA plant

2014-04-18

Portugal’s Artlant has reportedly shut its PTA plant at Sines, Portugal due to some unexpected technical problems...

Dalian futures market: PP, LLDPE, PVC

2014-04-18

Sep PP futures on the Dalian Commodity Exchange closed...

June Brent crude fell 7 cents to $109.53/bbl Thursday

2014-04-18

June Brent crude fell 7 cents to $109.53/bbl Thursday...

NYMEX May crude rose 54 cents to $104.30/bbl Thursday

2014-04-18

NYMEX May crude rose 54 cents to $104.30/bbl Thursday...

PP, PE markets firm up on limited supplies in Vietnam

2014-04-18

In Vietnam, PP and PE markets firmed up this week as suppliers lifted their prices pointing to their limited stocks. Another factor that contributed to the trend was the firming in China, where overall stock levels for those polymers gradually eased after standing at over...

Gap between PP fibre and raffia narrows in Turkey

2014-04-17

According to ChemOrbis Price Index, the gap between PP fibre and raffia prices has narrowed to around $...

US industrial output rises above estimates in March

2014-04-17

US industrial production increased more than estimated in March...

Russia’s Polief expands PET capacity

2014-04-17

Russia’s Polief, a joint venture between SIBUR and the local government, has completed an expansion project at its PET plant in Blagoveshchensk, Bashkortostan...

Russia’s Ufaorgsintez to expand LDPE capacity

2014-04-17

Russia’s Ufaorgsintez is planning to conduct an expansion and modernization project at its LDPE plant...

Petro Rabigh, Sahara announce Q1 financial results

2014-04-17

Saudi Arabia’s Rabigh Refining and Petrochemical Company (Petro Rabigh) and Sahara Petrochemicals Company announced their financial results for Q1 2014...

Egypt’s local PP, PE, PS markets rise on liquidity issues

2014-04-17

In Egypt, distributors’ PP, PE and PS prices firmed up week over week owing to ongoing cash flow problems...

Weekly Analysis

China

PP prices gain ground on upcoming turnarounds

PP prices posted further increases as sellers were reluctant to give any discounts ahead of a number of upcoming maintenance shutdowns in the region...

SEA & India

PP prices facing upward pressure on limited availability

PP prices are facing some upward pressure as regional supplies remain limited while prices in the nearby Chinese market are following a firmer trend...

Turkey

Supply constraints drive PP market higher

Traders slightly lifted their PP prices on the back of supply constraints. There is market talk about delayed cargos from...

Italy

Tight supply keeps PP prices firm

Some deals were concluded in the PP market mostly with increases of €10-20/ton from March while a few buyers...

Egypt

EPPC continues to be absent from the PP market

The domestic producer EPPC’s offers are still absent from the market and this situation caused some uptick on the locally held raffia prices. Distributors’ raffia offers are EGP...

Daily Prices

 
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