20/06/2013
Over the past few weeks, import prices for HDPE, LDPE and LLDPE film have begun to converge in China. After trading at a premium over LDPE and LLDPE film since the end of the Chinese New Year holidays in February, HDPE film prices are now trading close to par with LDPE and LLDPE film…
2013-06-20
ICE August Brent crude fell 19 cents to $105.83/bbl Wednesday...
2013-06-20
NYMEX July crude fell 20 cents to $98.24/bbl Wednesday...
2013-06-19
A source from a Taiwanese producer reported that they raised their export GPPS prices...
2013-06-19
Egypt’s local PVC producer EPC issued increases of EGP...
2013-06-19
HSBC has cut its growth forecasts for Chinese economy in 2013 and 2014...
2013-06-19
Vietnam’s National Assembly deputies voted to cut the corporate income tax rate in order to support businesses and investment in the country on June 19...
2013-06-19
Several Chinese acetylene based PVC producers announced increases on their prices this week due to relatively limited availability...
2013-06-19
US housing starts increased below forecasts in May...
2013-06-19
September LLDPE futures on the Dalian Commodity Exchange closed...
2013-06-19
ICE August Brent crude rose 55 cents to $106/bbl Tuesday...
2013-06-19
NYMEX July crude rose 67 cents to $98.44/bbl Tuesday...
2013-06-19
A major Taiwanese producer announced new July PVC prices yesterday with increases to both China and India. Players reported that the new PVC prices are $30-40/ton above the June done deal level for Asian origins offered to China. Prices to India were reported to be $10-30/ton above the most recent deals for Taiwanese cargoes...
2013-06-18
In Turkey, European PP prices faced a general lack of buying interest with converters placing lower bids for these materials, whose competitiveness has been hindered by the higher euro/USD parity since last week...
2013-06-18
Russia’s Sibur published their financial and operational results for the first three months of 2013 on their website on June 18...
2013-06-18
Poland’s Anwil has extended the force majeure at its PVC plant in Neratovice, the Czech Republic for repair works...
Limited availability and stronger upstream costs kept PP prices largely stable over the past week...
Stronger upstream costs along with some availability concerns pushed import PP prices higher over the past week, while some players in Malaysia commented that they expect to see stronger July prices in their local market as well...
Overall price levels for PP didn’t show any changes from last week supported by high upstream costs while the market was deemed as calm in terms of activity as of early this week..
Trading activities in the PP market have slightly revived this week and June deals continue to be concluded with...
Local market levels continued to move up while the local producer EPPC is still absent in the market. Locally held prices gained EGP...
