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- Bullish price environment continues in Egypt’s PP, PE markets
  
  Initial import PP and PE offers emerged last week in Egypt, with a major Saudi supplier taking the lead in announcing a price hike for April. Several Middle Eastern suppliers followed in hiking offers for April while a competitive landscape appeared for PP, with an increasing number of offers for Asian materials...
  
  Unexpected plant shutdown fails to cease local PP downturn in Indonesia
  
  Local homo-PP prices in Indonesia witnessed further drops last week since sentiment was unaffected by Polytama’s unexpected plant shutdown on March 29. Despite the supply disruption from one of the domestic plants, local prices remained on a soft note for the second consecutive week amid muted demand...
  
  Export PVC prices out of China provide competitive edge
  
  An increasing number of export PVC offers from China have found their way to Southeast Asia, India, Turkey, and Egypt recently. This was a reflection of the weak trend observed in China’s domestic markets over the past two weeks. Slow demand and falling Dalian futures weighed down on local prices in China, unlike the firm scene for imports...
  
  European PP, PE set for 6th bullish month, is peak near?
  
  European PP and PE markets have been gradually firming up since November 2020 and have been trading at all-time highs since around early March. April hints at further firming amid ongoing shortage and higher monomer settlements. However, demand is cautious amid expectations about a nearing peak...
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