Market players in Asia report that they were surprised by the amount of price hikes sought by a major Taiwanese producer on its September PVC offers as they think most of the PVC markets in the region are not strong enough to digest the producer’s increase amount. According to market players, the producer raised its prices by...
NYMEX September crude rose 21 cents to $46.79/bbl Wednesday...
October Brent crude rose 62 cents to $49.85/bbl Wednesday...
Dalian Futures Market: PP, LLDPE, PVC...
In Turkey, import homo PP prices remained on a bearish trend over this week sending the market to the lowest levels of the last two months on a weekly average according to ChemOrbis Price Wizard...
NYMEX September crude rose 84 cents to $46.58/bbl Tuesday...
October Brent crude rose 88 cents to $49.23/bbl Tuesday...
Dalian Futures Market: PP, LLDPE, PVC...
According to market sources, a Taiwanese major revealed their PVC prices for September with increases. The producer elected to raise their prices by $...
In China, import PS and ABS prices showed signs of recovery this week as upstream costs have recently gained ground in line with the stronger crude oil markets...
TCI Sanmar, one of Egypt’s local PVC producers, issued their mid-month PVC prices for August with increases...
In China, local PET prices remained mostly unchanged last week while prices posted decreases in the export market. According to players, tight supply helped prices to remain stable despite weak demand...
Dalian Futures Market: PP, LLDPE, PVC...
October Brent crude rose $1.38 to $48.35/bbl Monday...
NYMEX September crude rose $1.25 to $45.74/bbl Monday...
Major oil producers including Saudi Arabia and Russia have recently reported their willingness to help rebalance oil markets after several OPEC members including Venezuela, Ecuador and Kuwait requested to...
Players across European PET markets report that August deals were being wrapped up with rollovers to slight decreases from July over the past week. Sellers had initially been aiming for rollovers or slightly firmer levels for August. Their hike requests...
NYMEX September crude rose $1.00 to $44.49/bbl Friday...
October Brent crude rose 93 cents to $46.97/bbl Friday...
Dalian Futures Market: PP, LLDPE, PVC...
In Egypt, one of the local PVC producers, EPC, revealed their...
According to Resin Technology Incorporated’s (RTI) weekly market driver report for plastics processors, the July inventory data reported a gain of nearly 180 million lbs even with above average inventories. This significant gain will...
A source from Egypt’s second PE producer, the Egyptian Ethylene and Derivatives Company (ETHYDCO), reported that they achieved commercial production at their second line which is designed to produce HDPE grades only...
In Nigeria, the local producer ELEME implemented an upward adjustment on their mid-August PP and PE offers...
According to ChemOrbis Price Index, import ABS natural prices sank to almost a 3-month low in Turkey as the market was on a downwards trend since...
