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Headline Story

February hints at further PS drops in Europe

30/01/2015

PS players are wrapping up their January business with monthly decreases of €200-230/ton after sellers issued additional price decreases on top of their initial reductions. Expectations for February are calling for refreshed price declines based on lower expected styrene contracts...



 

News Stories

February PX contract settles in Asia

2015-01-30

According to market sources, an initial February PX contract has been settled in Asia...

Initial Feb buy and sell ideas for European PS voiced in Turkey

2015-01-30

In Turkey, initial February sell and buy ideas were expressed for West European PS cargos towards the end of the week amidst drop expectations for the new monomer contracts...

Turkey’s foreign trade statistics announced for December

2015-01-30

According to data from the Ministry of Customs and Trade and the Turkish Statistical Institute (TurkStat), Turkey’s exports and imports followed opposite trends in December...

Trader: Mid-Eastern producer lowers Feb PE prices to Vietnam

2015-01-30

A trader reported that a Middle Eastern producer has announced their February PE prices to Vietnam with...

Germany’s retail sales up for second straight month in Nov

2015-01-30

Germany’s retail sales rose for a second consecutive month in November, according to data released by the Federal Statistical Office of Germany (Destatis)...

Dow Chemical’s earnings exceed estimates in Q4

2015-01-30

US- based Dow Chemical’s earnings increased more than expected in the fourth quarter of 2014, according to a statement on the company’s official website...

Trader: Saudi producer revises Feb PE, PP prices to Vietnam

2015-01-30

A trader reported that a major Saudi Arabian producer has adjusted their initial February shipment PE and PP prices downward to Vietnam...

Dalian Futures Market: PP, LLDPE, PVC

2015-01-30

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

March Brent crude increased 66 cents to $49.13/bbl Thursday

2015-01-30

March Brent crude increased 66 cents to $49.13/bbl Thursday...

NYMEX March crude rose 8 cents to $44.53/bbl Thursday

2015-01-30

NYMEX March crude rose 8 cents to $44.53/bbl Thursday...

West European PE players eye lower prices for February

2015-01-29

Players in Western Europe are wrapping up their January PE business with decreases of up to €120/ton. Following the February ethylene contracts...

Turkey’s Polyplex starts up its PET line

2015-01-29

According to market sources, Turkey’s Polyplex, a subsidiary of Thailand’s Polyplex and Singapore’s Polyplex (Asia), has launched its new PET plant...

Lower ethylene hints at new decreases for PE in Italy

2015-01-29

January PE deals are being wrapped up with decreases from €100/ton to €130/ton in Italy. Players are now waiting to...

China’s oil demand hits record high in December 2014

2015-01-29

China’s oil demand posted all time high in December 2014, according to media reports...

Philippine economic growth accelerates in Q4, beats estimates

2015-01-29

According to media reports, the Philippines’ economic growth beat estimates in the fourth quarter of 2014. The country’s gross domestic product...

PP PVC PE PS ABS PET
 

Weekly Analysis

China

PP trading activity slows as holidays approach

Players in the PP market reported that market activity is beginning to slow down as buyers are winding down their purchases ahead of the upcoming Chinese New Year holidays...

SEA & India

Local PP prices continue to slide in SEA

Local prices moved lower in Malaysia, Indonesia and Thailand in response to persistently sluggish demand and softer energy markets...

Turkey

PP buy interest revives on absence of Saudi cargoes

The absence of regular Saudi Arabian suppliers for the last couple of weeks generated some activity for PP recently amidst news that a regional producer was set to start a maintenance shutdown at its...

Italy

PP market under pressure from anticipated propylene drops

January PP deals are being wrapped up with decreases from €100/ton to €120-130/ton from last month following the additional reductions in the second half of the month...

Egypt

February import PP prices start to surface

Import PP prices for February have started to surface in the market. A major Saudi Arabian producer pioneered the new announcements and revealed their homo-PP prices with $...

Daily Prices

 
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