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384 record found.

IEA maintains global oil demand forecasts for 2019 and 2020

The US momentarily overtook Saudi Arabia to become the world’s top oil exporter in June…

  • 13.09.2019

PP, PE prices in Mid-East and Africa set to remain weak until end of Q3

In the Middle East, major regional producers have been mostly rolling or reducing their offers since June and a similar trend has prevailed since around the same time in the African PP and PE markets. Sluggish macroeconomic performance across both regions now looks set to keep the markets soft until the end of the third quarter...

  • 03.09.2019

Nigeria’s ELEME announces PP, PE offers for September

The latest prices are steady to softer by NGN15,000-20,000/ton ($41-55/ton) from last month…

  • 02.09.2019

Nigeria’s ELEME announces PP, PE offers for August

The latest prices are lower by NGN15,000-20,000/ton ($41-55/ton) from last month…

  • 01.08.2019

Import PP, PE prices for Aug announced in Nigeria, Kenya

Saudi major’s prices indicate rollovers to decreases…

  • 01.08.2019

Propylene capacity to grow a third by 2030 led by China

Some 129 planned and announced plants are scheduled to come online over the next 11 years...

  • 22.07.2019

Nigeria signs continental free trade agreement

This leaves Eritrea as the only African country not to be part of the continental free trade…

  • 09.07.2019

Bearish trend persists in July for PP, PE in Mid-East, Africa

PP and PE suppliers have approached the Middle-East and Africa markets mostly with decreases for July, although there were also rollovers in fits and starts, as was the case in June. Players have mostly blamed thin buying interest for the ongoing decreases across regional markets...

  • 04.07.2019

Nigeria’s ELEME announces PP, PE offers for July

The local producer rolled over its prices…

  • 02.07.2019

Import and local PP, PE prices for June announced in Nigeria, Kenya

Nigerian ELEME’s offers were unchanged while a Saudi major cut offers to Kenya…

  • 12.06.2019

Continental free trade agreement comes into force in Africa

The agreement aims to boost intra-African trade and the continent’s position in the global trading market…

  • 30.05.2019

May PP, PE offers to Mid-East, Africa remain stable to firm

PP and PE suppliers have maintained their firm stance for May and approached the Middle-East and Africa with rollovers to slight gains. However, players were skeptical about the workability of these hikes, pointing to limited demand...

  • 08.05.2019

Import and local PP, PE prices for May announced in Nigeria, Kenya

ELEME’s new offers saw increases ranging between NGN10,000/ton to NGN15,000/ton…

  • 02.05.2019

April PE prices cautiously up in Mid-East, Africa; PP firms for 2nd month

Middle Eastern and African PE markets have leaned towards a steady-to-firm trend in April. PE prices followed divergent paths back in March after having been on a steady to soft note during the first two months of the year. PP markets are relatively stronger, meanwhile, as monthly hikes have somewhat gained momentum across the two regions...

  • 02.04.2019

Nigeria’s ELEME announces PP, PE offers for April

The latest PE offers were unchanged while PP grades saw increases of NGN10,000/ton ($28/ton)…

  • 01.04.2019

March PE prices take split paths in Africa, Mid-East

In the Middle East, March PE offers from the regional suppliers emerged with rollovers to increases amid higher energy and upstream costs. However, rising costs have failed filter through the March prices in African PE markets, where prices remained stable or decreased from February...

  • 19.03.2019

Stable to firm trend pervades PP markets in Mid-East, Africa

New PP offers in the Middle Eastern markets have rolled over or increased from last month amid planned and unplanned shutdowns after firming attempts showed up sporadically but somehow failed to prevail across the region in February. March offers to African PP markets are also stable to firm, first time after one year...

  • 05.03.2019

Import and local PP, PE prices for March announced in Nigeria, Kenya

ELEME rolled over PE prices and increased PP offers by NGN10,000-11,000/ton…

  • 04.03.2019

Sentiment fails to improve in Feb across Mid-Eastern and African PP, PE markets

A lackluster sentiment has been clouding the PP and PE markets in Africa and Middle East since the second half of 2018. Some hike attempts have surfaced in February; however, comfortable supplies and moderate-to-low demand yet again kept prices relatively stable...

  • 12.02.2019

Thai Indorama acquires packaging business in Nigeria

The transaction is expected to be completed within this quarter…

  • 08.02.2019

Import and local PP, PE prices for Feb announced in Nigeria, Kenya

Nigerian players received stable to softer offers from the local producer ELEME…

  • 05.02.2019

Players tread with caution in Mid-Eastern and African PP, PE markets

PP and PE markets in the Middle East and Africa have had a quiet start to the year as a lack of consensus on the market outlook found reflection in the trading activities. New offers for January were revealed steady to softer from last month, sustaining the same trend in place for the large part of last year...

  • 08.01.2019

Import and local PP, PE prices for Jan announced in Nigeria, Kenya

The new offers indicated rollovers to decreases from December…

  • 07.01.2019

Bearish trend pervades Mid-East and African PE markets in 2018

PE prices have tracked a downward trend for the most part of 2018 in the Middle East and Africa. Local and import markets have been falling for the last 8- 9 months in a row. ChemOrbis Price Indices currently represent the lowest levels of the past few years in many countries across these regions...

  • 13.12.2018

Saudi major applies decreases in global PE markets for December

The year-end lull in global PE markets coupled with falling upstream prices shaped the major producer’s pricing policy for this month. Accordingly, the producer came with visible price decreases across the board...

  • 07.12.2018

384 record found.
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