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Headline Story

Turkey’s PP market sees the lowest levels in more than a year

21/11/2014

The PP market in Turkey touched the lowest level of the last couple of years following the relentless price decreases which have occurred since August. The main drivers behind this decreasing trend...



 

News Stories

List of products to be exempt from duty in 2015 revealed

2014-11-21

PAGEV, the Turkish Plastics Industry Foundation, and PAGDER, Turkey’s Plastic Industrialists Association, announced that some polymers will be exempt from duty in 2015, as a result of their studies conducted in cooperation with Turkey’s Ministry of Labor...

Unexpected cut from China’s central bank

2014-11-21

China’s central bank unexpectedly cut its interest rates for the first time since July, 2012 in order to...

US manufacturing slows down in November: Markit

2014-11-21

US manufacturing edged down in November, posting the slowest rate of growth since January...

Thai producer cuts PS, ABS and PP prices to SEA

2014-11-21

A source from a Thai producer reported that they have implemented some decreases on their PS, ABS and PP prices to the Southeast Asian markets...

Total to acquire 68% stake in Polyblend

2014-11-21

France’s Total Petrochemicals is planning to acquire a 68% stake in Germany’s Polyblend, a subsidiary of Polymer-Chemie...

Initial November MEG contract settles in Europe

2014-11-21

An initial November MEG contract has been settled in Europe...

American PVC prices for December announced to China

2014-11-21

A trader based in Taiwan reported that American PVC prices for December have been announced to China with...

Spain’s Repsol restarts Tarragona cracker

2014-11-21

Spain’s Repsol has restarted its steam cracker in Tarragona, Spain after an unplanned shutdown due to a technical problem...

Turkey’s Central Bank holds rates steady

2014-11-21

Turkey’s Central Bank held its main rates steady on November 20 for a third consecutive month...

BP Zhuhai to start up new PTA plant in China

2014-11-21

BP Zhuhai is planning to start up its new PTA plant in Zhuhai, China during the fourth quarter...

Factory orders fall beyond estimates in Sept in Italy

2014-11-21

Italy’s factory orders fell by a larger than expected amount in September...

Taiwanese major implements second Dec reduction for PVC

2014-11-21

According to a trader, a major Taiwanese producer has implemented a second decrease on their December PVC prices to Asia...

Import PVC prices drop below $900/ton threshold in Vietnam

2014-11-21

Players in the Vietnamese market report that import PVC prices in Vietnam have fallen beneath the $900/ton threshold...

Dalian Futures Market: PP, LLDPE, PVC

2014-11-21

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

January Brent crude gained $1.23 to $79.33/bbl Thursday

2014-11-21

January Brent crude gained $1.23 to $79.33/bbl Thursday...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

Mid-Eastern, SE Asian producers reduce PP prices to China

A Middle Eastern producer and a Southeast Asian producer both implemented decreases on their PP prices as rising supply levels and weaker upstream costs continued to push down prices...

SEA & India

Local, import PP prices soften in SEA

PP prices moved lower as disappointing demand and weaker upstream costs maintained downward pressure on prices. Import prices for homo-PP injection and raffia came down $...

Turkey

PP market sinks to fresh lows

PP sellers reduced their prices further in line with the persisting downward trend in Asia and Europe. Saudi Arabian PP raffia was priced at $...

Italy

December expectations shaping up for PP

November PP deals continue to be concluded lower while players started to voice their expectations for December...

Egypt

PP players quiet, December expectancies surface

The PP market was quiet this week. After prices were adjusted downwards in early November, the overall import offer levels...

Daily Prices

 
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