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LATEST NEWS: Turkey’s Petkim lifts PP and LDPE prices

The producer last revised its offers down on June 17...

  • 17.09.2019

Sellers hold back PP, PE offers in Turkey as energy prices spike

Global oil benchmarks skyrocketed by more than $8/bbl or 15% on Monday settlements following a huge loss in oil supplies after attacks on Aramco…

  • 17.09.2019

Freight Rate Update

Freight rates from China and Southeast Asia to the Turkish market were reduced...

  • 16.09.2019

Turkey’s auto production falls in Jan-Aug period

Automotive sector contracted by 44% compared with the same period of last year...

  • 16.09.2019

Turkey’s retail sales drop on month, year in July

The index fell by 3.7% m-o-m and by 1.5% y-o-y...

  • 16.09.2019

Turkey cuts special consumption tax (SCT) on propane to zero

SCT will be eliminated on propane deliveries used only for propylene production...

  • 16.09.2019

Turkey’s industrial production up on month, down on year in July

The index decreased by 1.2% on a yearly basis while it increased by 4.3% on a monthly basis…

  • 13.09.2019

Turkey’s import PP market slumps to 3-year low on supply glut, low demand

Import homo-PP prices in Turkey have been gradually falling for the last 4 months. The primary reason behind the constant declines is hesitant demand amid tight liquidity and the ongoing economic woes. The downturn gained momentum during summer as holidays across the board hindered end-product exports of converters, which resulted in a slump in demand for PP and led to a rise in supply...

  • 13.09.2019

European Central Bank cuts interest rates for first time since 2016

The interest rate on the deposit facility decreased by 10 basis points to -0.50%...

  • 12.09.2019

LATEST NEWS: Turkish central bank drops interest rates

Policy rate has been reduced from 19.75% to 16.5%…

  • 12.09.2019

Import PVC demand dampened in Europe, Turkey; will it improve in H2?

Data from ChemOrbis Import Statistics reveal that PVC imports to Europe and Turkey witnessed considerable contractions in the first half of 2019 as demand retreated amid growing economic concerns. The sharpest drops were seen in imports of American PVC, meanwhile...

  • 12.09.2019

Turkish Plastics Foundation calls meeting to review draft resolution on disposables

Industry representatives will meet on September 12 to review the draft resolution on single-use plastics…

  • 11.09.2019

Locally-held HDPE and LLDPE film trade on par in Turkey

HDPE film prices had carried a high premium of around $145/ton over LLDPE at the beginning of 2019, reveals ChemOrbis data...

  • 09.09.2019

Turkish PS, EPS producers attempt for hikes in Sept

Domestic producers pointed to rising styrene prices as justification behind higher list prices...

  • 06.09.2019

Saudi major globally applies significant drops on PE for Sept

A Saudi Arabian major revealed its September offers with notable drops that ranged from $50/ton to $120/ton in global PE markets. The producer’s latest pricing was mainly stirred by mediocre demand across Asian and Mediterranean destinations along with the ongoing US-China trade dispute...

  • 06.09.2019

European PPRC pipe type 3 prices down for Sept in Turkey

New offers followed falling propylene contracts in Europe...

  • 05.09.2019

Buyers’ resistance sends Korean PS to multi-year lows in Turkey

Offers sank to nearly 3-year low following new discounts in September…

  • 05.09.2019

LATEST NEWS: Saudi major applies two-digit PE drops for Sept in Turkey

The producer has been under the downward pressure of cautious activity and aggressive US prices...

  • 05.09.2019

Turkey’s vehicle registrations up on month, down on year in July

67,621 new vehicles were registered...

  • 04.09.2019

LATEST NEWS: Mid-East PE producer issues Sept prices to Turkey

HDPE film posted larger drops when compared to LDPE and LLDPE...

  • 04.09.2019

Turkey’s manufacturing PMI rises to 13-month high in August

The headline PMI was up to 48 in August from 46.7 in July…

  • 02.09.2019

Turkey’s annual GDP growth for 2018 revised upwards

The preliminary growth rate for 2018 was revised to 2.8%…

  • 02.09.2019

Turkey R-PET Flake Update for August

Thin demand led to renewed drops throughout the month…

  • 29.08.2019

LATEST NEWS: Turkey’s total polymer imports climb in July

The figures dropped year-on-year for PP copolymer, HDPE, PVC, EPS, ABS and PET, meanwhile...

  • 29.08.2019

Turkey’s foreign trade statistics announced for July

Exports increased by 7.9% while imports decreased by 8.5%...

  • 29.08.2019

2534 record found.
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