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Headline Story

Spot prices soar for ethylene, soften for propylene in Asia

27/03/2015

Asia has been witnessing reduced monomer supplies stemming from cracker shutdowns across the region. In response to the supply tightness, spot ethylene prices posted gains in the region amidst higher naphtha costs on the week. However, spot propylene prices...



 

News Stories

Vietnamese buyer receives April PE prices from Mid-Eastern producers

2015-03-27

A buyer in Vietnam reported that they received new April PE prices from two different Middle Eastern suppliers. The buyer stated...

European Plasticizers Update

2015-03-27

In Italy, the plasticizers market changed direction in March after hitting the bottom in February and increases of up to €40/ton were reported on March deals...

US Dow Chemical agrees to sell its chlorine business to Olin

2015-03-27

According to media reports, US-based Dow Chemical has agreed to sell the majority of its chlorine business to world’s biggest chlorine maker, Olin Corp...

South Korean ABS producers aim for hikes in Turkey

2015-03-27

In Turkey, two different South Korean ABS producers pronounced their new offers for April shipments with...

April butadiene contracts settle in Europe

2015-03-27

Butadiene contracts for April have been settled in Europe...

Poland’s Grupa Azoty to build Europe’s biggest propylene plant

2015-03-27

Poland’s state-controlled Grupa Azoty is planning to build the biggest propylene plant in Europe, according to media reports...

Italy’s retail sales rise, industrial orders fall in January

2015-03-27

Italy’s retail sales grew at a faster pace in January, according to data from the country’s statistical office ISTAT...

New members seek to join China’s proposed infrastructure bank

2015-03-27

According to media reports, several countries are seeking to join China’s proposed Asian Infrastructure Investment Development Bank (AIIB) as founding members before the March 31 deadline for applications...

Initial April propylene contracts nominate in US

2015-03-27

Initial April propylene contracts have been nominated in the US...

Spain’s central bank revises 2015 growth forecast higher

2015-03-27

According to media reports, the Bank of Spain revised its economic growth forecast upward for 2015 to...

Indonesian producer lifts local PP, PE prices

2015-03-27

A source from an Indonesian producer reported that they have implemented increases on their domestic PP and PE prices this week. The producer raised their offers by $...

Italy freight rate update

2015-03-27

According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have been downwardly revised for the remainder of March...

Turkey’s Petkim raises PP, PVC, PE prices

2015-03-27

According to distributors in Turkey, domestic producer Petkim raised its PP, PVC and PE prices today. The producer reportedly increased its prices by $...

Dalian Futures Market: PP, LLDPE, PVC

2015-03-27

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

May Brent crude increased $2.71 to $59.19/bbl Thursday

2015-03-27

May Brent crude increased $2.71 to $59.19/bbl Thursday...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

PP re-exports easing inventory pressure in China

PP prices regained some lost ground over the past week as prices on the low end of last week’s ranges disappeared from the market as traders were said to be more comfortable with their stock levels after concluding a number of re-export deals in India and Southeast Asia over the past week...

SEA & India

PP prices remain firm, buyers hesitant

PP prices remained firm as regional producers began to announce higher prices for April shipments. Buyers, however, were hesitant about making fresh purchases...

Turkey

PP buyers maintain waiting stance ahead of April

The calm trading scene persisted as PP buyers remained sidelined ahead of new April announcements..

Italy

PP market signaling further increases for April

Spot PP prices continued to edge up this week, remaining under upward pressure from the prevailing tightness following...

Egypt

EPPC: April announcement depends on our stock levels

EPPC skipped announcing prices for March as they were facing some delays on their February deliveries due to bureaucratic issues regarding the documentation of the goods. This week, a source from the producer noted that...

Daily Prices

 
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