• 28.05.2015, Thursday
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Headline Story

Europe trims downward pressure on Turkey’s PE market

27/05/2015

Following the trend which shifted downwards in the past two weeks in China, Turkey’s PE market has started to feel downward pressure particularly for Middle East origins based on netback calculations. Nevertheless, the bullish trend in Europe as well as the enduring supply issues are offsetting…



 

News Stories

Import PP prices post declines in China

2015-05-27

Players in China report that import PP prices to the country have moved week over week in accordance with limited buying interest...

A major Saudi producer reveals June PP, PE prices to Egypt

2015-05-27

According to a trader, a major Saudi Arabian producer has announced their new June PP and PE prices to Egypt at levels in line with the market’s expectations...

Russia’s Sibur starts to offer six new LDPE grades

2015-05-27

According to a press release on the company’s website, Russia’s Sibur has started to offer six new LDPE grades manufactured at their Tomsk facility. The new grades include...

Borealis/Borouge open sales office in Morocco

2015-05-27

Borealis and Borouge opened their first dual-branded sales office in Casablanca, Morocco on May 14, according to a press release on Borealis’ website...

Japan’s JX Nippon nominates its June benzene contract

2015-05-27

According to market sources, Japan’s JX Nippon Oil has nominated its June benzene contract to Asia with...

China’s Oriental starts test runs at its Zhangjiagang PDH unit

2015-05-27

According to market sources, China’s Oriental Energy has started test runs at its PDH unit at Zhangjiagang...

Saudi major announces June PP, PE prices to Philippines: trader

2015-05-27

A trader based in the Philippines reported that a major Saudi Arabian producer announced their June PP and PE prices to the Philippines with...

India’s Finolex shuts its VCM plant

2015-05-27

India’s Finolex Industries shut its VCM plant due to...

Europe’s commercial vehicle sales post fresh hikes in April

2015-05-27

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

Shell, LyondellBasell announce June butadiene contracts in US

2015-05-27

According to market sources, Shell and LyondellBasell announced their June butadiene contracts to the US at...

Dalian Futures Market: PP, LLDPE, PVC

2015-05-27

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

July Brent crude fell $1.80 to $63.72/bbl Tuesday

2015-05-27

July Brent crude fell $1.80 to $63.72/bbl Tuesday...

NYMEX July crude fell $1.69 to $58.03/bbl Tuesday

2015-05-27

NYMEX July crude fell $1.69 to $58.03/bbl Tuesday...

US new home sales pick up in April

2015-05-26

New home sales in the US picked up in April, according to data released by the US Commerce Department. New home sales rose...

AfDB: African economies to grow in 2015-2016

2015-05-26

According to media sources, the African Development Bank (AfDB)...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

PP sellers consider exporting to SEA given thin demand

PP prices followed a stable to softer trend over the past week given lackluster demand while trading activities were slow as...

SEA & India

Weaker PP market takes hold

Homo-PP import prices came down this week in line with expectations. These expectations were previously triggered by...

Turkey

Weaker dynamics weigh down on PP trend

The sentiment softened in the PP market due to the weaker outlook in Asia and nearing June elections in the country...

Italy

Supply issues lead to firm June expectations for PP

The PP market remains bullish this week as sellers maintain their firm stance pointing to ongoing supply issues ahead of June...

Egypt

Middle Eastern producers start selling out PP

Market players reported that most Middle Eastern producers, who had limited allocations to start the month with in the first place, were reported to be already selling out. As a result of fewer offers being reported...

Daily Prices

 
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