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Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 12.08.2019

Indonesian producer starts week with price cuts for HDPE film, BOPP

The producer cut its list prices by IDR150,000/ton ($11/ton) for HDPE film and by...

  • 12.08.2019

Downturn halts in Europe’s PP, PE and PVC markets ahead of holidays

In Europe, PP, PE and PVC markets started August on a stable to firmer note ahead of the imminent summer holidays after the decreasing trend mostly came to a halt. This defied earlier expectations that do not exclude possibility of seeing decreases in line with the seasonal slowdown in regional markets...

  • 12.08.2019

Turkish PP, PE markets enter Eid holidays on weak note

Muslim countries are readying to celebrate Eid al-Adha soon while Turkey’s polyolefin markets have displayed weak pricing trends during the last week before the long holidays. The main factors that weighed on the atmosphere included mild demand, shrinking oil markets and a weakening in China in response to intensifying trade tensions with the US...

  • 09.08.2019

China’s import PP market yields to mounting trade war, weak demand

After following a largely stable trend for the last three weeks, import homo-PP prices in China have recently retreated due to thin demand as well as the re-escalation of trade tensions with the US, which had a direct impact on the futures prices and the CNY/USD exchange rate...

  • 07.08.2019

PP, PE markets remain soft for another month in Egypt, Mid-East ahead of Eid

August marked the third month in a row for steady-to-soft pricing in Egypt and the Middle East. Buying interest in both regions has been sluggish amid challenging macroeconomic environment and insistently ample supply. To add to this, players have already started leaving the market for the upcoming Eid al-Adha holiday, starting on August 11...

  • 06.08.2019

LATEST NEWS: China’s June polymer imports fall on month

Overall June imports declined 11.3% when compared to May...

  • 05.08.2019

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

Turkey’s H1 polymer imports hit multi-year lows, PVC and HDPE lowest in almost a decade

The overall imports stood at 2,422,000 tons in the January-June period. The figure sank to the lowest level since 2016 when imports totaled 2,368,000 tons, data from ChemOrbis Import Statistics suggested. The H1 volume also dropped 7.5% when compared to the first six months of 2018...

  • 01.08.2019

Initial Aug PP, PE offers indicate rollovers to decreases in Egypt

A Middle Eastern producer’s PP offers decreased by $10-20/ton from July…

  • 31.07.2019

LATEST NEWS: Turkey’s total polymer imports slide in June

All polymers posted substantial decreases except for ABS and PET…

  • 31.07.2019

Indonesian producer increases PP and PE prices

A trader in Indonesia reported that a local producer started...

  • 29.07.2019

April polymer imports to EU28 down on month, year

Cumulative drops reached 6.4% in the first four months of the year…

  • 26.07.2019

SEA producer lifts August PP, LDPE prices to Indonesia

New offers indicate increases of $20-30/ton when compared to July levels...

  • 26.07.2019

Italy’s total polymer imports in Jan-April highest in 19 years

Import statistics for the first four months of 2019 indicated an increase of 6.8% y-o-y…

  • 24.07.2019

Indonesia’s PE, PP markets remain strong despite softer sentiment in China

PE and PP prices in Indonesia remain stable to firm in the local market even as the sentiment in China is turning cautious.Players attribute the relative strength of Indonesian PP, PE markets to the expectations of limited supply due to an upcoming maintenance...

  • 24.07.2019

LATEST NEWS: Initial Aug PP, PE prices announced to Indonesia

New offers indicated rollovers to increases when compared to July…

  • 23.07.2019

Firmer price talks persist for PP despite unresponsive demand in Turkey

The market edged up on the low ends for the second straight week...

  • 19.07.2019

Pre-buying activity starts in Europe’s PP market

Low prices boosted buying appetite…

  • 17.07.2019

China’s local PP, PE markets continue uptrend on futures

Local polyolefin prices have chased futures higher for the third consecutive week…

  • 09.07.2019

Mid-Eastern producers announce July PP, PE prices to Egypt

New prices indicate notable decreases when compared to June…

  • 09.07.2019

Decreases gain steam in Europe’s PP, PE markets as costs tumble

Spot LLDPE in Italy was offered below the monthly ethylene contract level…

  • 05.07.2019

Turkey’s PP market on par with China, LLDPE and HDPE trade at discount

Import PP and PE prices have retained their downtrend in Turkey as July kicked off with mostly lower price announcements when compared to June. Nonetheless, an increasing number of players opined that prices may start to stabilize based on the firming in China...

  • 05.07.2019

LATEST NEWS: China’s May polymer imports down on month, up on year

Overall May imports were down by 3.1% when compared to April...

  • 04.07.2019

European PP emerges with drops matching C3 for July

The downward trend gained speed along with plunging costs…

  • 03.07.2019

1122 record found.
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