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Plastics News and Polymer Prices

Import PVC uptrend loses momentum in Asia; is the 9-month rally coming to an end?

Import PVC markets in Asia have seen relentless hikes since mid-May, with K67 prices on CIF China and CIF India basis having surged 92% and 116%, respectively, to record highs. The uptrend was particularly fierce during the October-December period since a number of force majeure events in the US and Europe exacerbated the supply tightness across the globe...
13-01-2021

Tightness brings further price hikes in African PP, PE markets

In Africa, regional polyolefins markets kicked off 2021 on a firm footing as tightness continued to add pressure on prices. Overall demand in Africa started to pick up after the year-end holidays, but varied from region to region...
12-01-2021

European PP hits new highs after 3-digit hikes for January

As players gradually return from the Christmas holidays, initial PP offers for January have emerged with 3-digit increases that sent prices to fresh highs. PP is deemed shorter than December, which supported suppliers to push their margin expansion to January...
11-01-2021

Turkey’s PP, PE markets open 2021 with supply-driven hikes

Import and local polyolefin markets of Turkey extended their gains into the new year mainly on the heels of supply constraints. PE saw larger increases than PP for January, while a general cautiousness pervaded both markets regarding the medium term...
08-01-2021

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