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Headline Story

Asian propylene, ethylene markets hit highest levels since December

05/03/2015

Spot prices for ethylene and propylene in Asia have risen to hit their highest levels since the start of December, according to data from ChemOrbis Price Wizard. Players attribute the rise in monomer prices to supply tightness ahead of a heavy cracker turnaround season…



 

News Stories

Malaysia may exempt some Chinese PET producers from ADD

2015-03-05

According to some market players in China, the Malaysian government is reportedly planning to exempt certain Chinese producers from anti-dumping duties on PET imports...

Two PP plants restart, one shuts in Middle East

2015-03-05

According to market sources, two PP plants have been restarted while another plant was shut down in the Middle East...

Italy’s polymer imports decline in November 2014

2015-03-05

Italy’s polymer imports mostly declined in November 2014, with top polymer suppliers such as France and Belgium registering decreases in their exports...

Libya announces force majeure at 11 oil fields

2015-03-05

Libya’s state-run National Oil Corporation (NOC) announced a force majeure at 11 oil fields due...

Indonesian producer issues further hikes on local PP, PE prices

2015-03-05

A source from an Indonesian producer reported that they have implemented additional increases on their local PP and PE prices. The producer raised their prices...

Singapore’s TPSC to shut PS plant

2015-03-05

Singapore’s TPSC is planning to shut their PS plant for maintenance in...

Germany’s factory orders fall in January

2015-03-05

According to media reports, Germany’s factory orders fell in January after increasing in the previous month. Data released by Germany’s Ministry of Economy showed...

Local PP, PE prices move higher in Vietnam

2015-03-05

Players in Vietnam report that local PP and PE prices have gained ground following the recent holidays on the back of tight supply and firming regional trends...

China’s polymer imports decrease on year in January

2015-03-05

According to data from Chinese Customs, the country’s total polymer imports decreased...

France’s Total acquires 68% stake in Polyblend

2015-03-05

According to a press release published today on the company’s website, France’s Total Petrochemicals acquired a 68% stake in Germany’s Polyblend on...

Turkey’s automotive market expands in February: ODD

2015-03-05

Turkey’s passenger car and light commercial vehicle markets expanded in February 2015, according to data from the Turkish Automotive Distributors Association (ODD)...

Trinseo announces hefty hikes for March PS, ABS prices

2015-03-05

According to a statement on the company’s website, global plastics manufacturer Trinseo, which was formerly known as Styron, has announced increases for its March PS and ABS prices to Europe...

Traders: supply concerns push up Iranian HDPE prices in China

2015-03-05

According to a trader, supply restrictions in Iran are pushing up the prices of Iranian HDPE cargoes in China’s bonded warehouses...

China lowers economic growth target for 2015

2015-03-05

According to media reports, China has lowered its economic growth target for 2015 to around 7%...

Dalian Futures Market: PP, LLDPE, PVC

2015-03-05

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

PP PVC PE PS ABS PET
 

Weekly Analysis

China

PP prices move higher after the holidays

PP prices opened the post-holiday period on a firm note on the strength of rising spot propylene costs along with comfortable stock levels on the sellers’ side...

SEA & India

Regional producers raise PP prices for March

Several regional producers implemented increases on their PP prices in response to limited availability and strong upstream costs...

Turkey

PP buyers question drastic price hikes

PP prices recorded steep increases on persistently short supplies. Concerns regarding availability were deepened after the Ministry of Economy made an update to its environmental protection on February 17...

Italy

PP hikes exceed monomer gains, buyers cautious

Initial March PP prices are emerging with three-digit hikes after the propylene contracts settled up €...

Egypt

A Saudi producer reveals March PP price to Egypt

Players started to report that a major Saudi Arabian producer revealed their new March PP offers to Egypt with increases from their late February offers. Tight supplies and...

Daily Prices

 
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