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Plastics News and Polymer Prices

PP demand fares better than PE in Turkey

Turkish polyolefin markets started 2022 with opposite trends as PP prices were bolstered by pent-up demand, particularly for raffia grade. Nonetheless, PE has yet to respond to upward corrections for PP, mainly because weak demand continues to pervade the market...

Taiwanese major poised to come lower for a 3rd month to Asian PVC markets

Most Asian PVC market players expect a major Taiwanese producer to offer February imports at prices lower than for January, with some predicting a slide of up to $100/ton, as the sentiment remains bearish...

Covid concerns loom large in China, hitting demand and supply-chain

With less than a month to go until the start of the Chinese New Year and the opening of the 2022 Winter Olympics in Beijing, China has been facing a new wave of Covid-19, including the latest and more infectious variant Omicron...

Egypt’s PVC markets extend drops into January

The extended losses in both import and domestic PVC K67-68 prices hardly came as a surprise for Egypt’s market players. As the buying appetite continued to grow weaker on players’ aversion to buying in a falling market, the pressure on prices increased. A local producer also approached the market with price cuts in January...

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