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Local PE prices end 2024 on soft notes in China

China’s domestic PE prices were volatile in the past few weeks. After recording some cautious increases in mid-December, the markets have entered the second half of the month with fresh drops. Firm production costs and capacity losses – driven by maintenance shutdowns – have remained on the table; however, low buying enthusiasm and concerns over growing supply have dampened sentiment further and prompted sellers to issue downward adjustments...

Asia PVC outlook for 2025: Bearish grip may start loosening in Q1

The year-end markets for PVC in Asia are in bearish clutches amid ample availability and weak demand. However, green shoots of recovery may emerge in the first quarter of 2025, spurred by seasonal buying in India for construction and agricultural demand...

China, SE Asia PP outlook for 2025: Capacity boom meets demand gloom

PP markets across China and Southeast Asia are set to end 2024 on a weaker note compared to the first half of the year, because concerns over growing supply and lower-than-expected demand have dampened players’ sentiment. As the year winds down, industry players are turning their attention to 2025, with supply-demand dynamics remaining the central focus...

Türkiye PVC outlook for 2025: Will poor margins and unstable demand break the cycle?

While the PVC market spent much of 2024 grappling with price declines in Türkiye, it is preparing to close the year on relatively solid footing, supported by tightening supply. What lies ahead for the market in 2025 remains a subject of interest. On one hand, India's BIS process and the anti-dumping duties it plans to impose on most imported origins are poised to reshape global supply flows. On the other, Europe's import measures are equally set to have a significant impact...

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