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Headline Story

Plastic world meets at ChemOrbis Europe Petrochemicals Conference


ChemOrbis Europe Petrochemicals Conference was held at Hilton Amsterdam Hotel, the Netherlands on November 26, 2015. Players from the plastic world including converters, distributors, traders, producers of polymers and other companies active in the sector discussed the latest market trends...


News Stories

China Sinopec to acquire PX division of Taiwan’s Xianglu Group


According to media reports, China’s state owned Sinopec is currently in talks with Taiwan’s Xianglu Group to acquire an...

Mid-East PP raffia breaks below $1000 threshold in Turkey


Turkey’s PP raffia market broke below the $1000/ton threshold for a Middle Eastern origin late this week. As a result of the clear downward pressure applied from China, this was widely expected; however...

ABS prices move lower on cautious demand in China


In China, import and local ABS markets witnessed additional decreases over the past week given persistent downwards pressure from limited demand as well as...

Shell experiences issue at cracker in Pulau Bukom, Singapore


Market sources report that Shell has experienced a technical issue at its steam cracker in Pulau Bukom, Singapore...

Turkey signs Free Trade agreement with Singapore


The head of the Turkish Plastics Industry Foundation (PAGEV), Yavuz Eroğlu, reported that the recent comprehensive FTA between Turkey and Singapore will open the doors of Southeast Asian petrochemical markets for Turkish players...

China to boost economic ties with Africa


According to media reports, China’s Vice Commerce Ministry Qian Keming reported that China will increase its investments and imports from the African continent. The country...

Initial December propylene contract settles in Europe


An initial December propylene contract has been settled in Europe. The new contract was agreed with...

Europe’s commercial vehicle sales increase further in Oct


According to data from the European Automobile Manufacturers’ Association (ACEA), commercial vehicle sales in the European Union (EU) increased for a tenth consecutive month in October...

Japan’s JX Nippon Oil nominates Dec benzene contract to Asia


Japan’s JX Nippon Oil & Energy nominated its December benzene contract at $...

Dalian Futures Market: PP, LLDPE, PVC


Dalian Futures Market: PP, LLDPE, PVC...

January Brent crude fell 71 cents to $45.46/bbl Thursday


January Brent crude fell 71 cents to $45.46/bbl Thursday...

No NYMEX settlement on Thursday due to holiday


No NYMEX settlement on Thursday due to holiday...

ChemOrbis Europe Petrochemicals Conference: Growth prospects for the global PET market


The last presentation of the ChemOrbis Europe Petrochemicals Conference at the Hilton Amsterdam on November 26 was made by Roberto Bertaggia from M&G Polimeri Italia...

ChemOrbis Europe Petrochemicals Conference: Slowing Asian economies will drag down styrenics


Ms. Promporn Sinsoke, Export Sales Division Manager, IRPC Public Co. Ltd, said in her speech at the ChemOrbis Europe Petrochemicals Conference at the Hilton Amsterdam Hotel on November 26 that both demand and capacity increases for styrene will...

ChemOrbis Europe Petrochemicals Conference: Feedstocks diversification to change landscape in global petchem industries


During his presentation at ChemOrbis Europe Petrochemical Conference held in the Hilton Amsterdam, the Netherlands on November 26, Mr. Udo Jung from the Boston Consulting Group focused on prevalent trends affecting global petrochemical industries...


Weekly Analysis


Local PP sellers attempt to stabilize the market

Local PP sellers are taking a firmer stance on their prices in response to recent firming in energy markets as well as stronger PP futures prices on the Dalian Commodity Exchange, with January futures gaining CNY...

SEA & India

PP prices see further losses in SEA

PP prices continued to decline in the face of limited demand and sufficient supplies. At the upper end of the range, prices dropped below the $...


PP activity at a standstill ahead of Dec offers

The market activity is at a standstill for PP this week. Sellers are yet to express their new offers for December...


PP players waiting for December propylene contracts

Trading activities are slower in the PP market this week as players have mostly wrapped up their November business and they are now...


Local PP prices see further decreases

Locally held PP prices recorded further decreases, in line with previous expectations...

Daily Prices

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