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Plastics News and Polymer Prices

Oct PE pricing under discussion amid rising costs, tepid demand in Europe

After closing September on a stable to softer note, PE markets across Europe witnessed a shift in sentiment as October started. Rising production costs, scarcity of imports, and global firming were blamed for suppliers’ firm stance...
11-10-2021

Crude at multi-year highs contributes to a perfect storm in polymers

A perfect storm of factors - including a long-lasting supply tightness and demand growth as well as the prevailing freight turmoil - have already caused a bullish atmosphere in polymer markets largely since the second half of 2020, disregarding some small intervals of downward corrections in different parts of the world...
08-10-2021

An enduring challenge: Unprecedented times in PVC markets

The global PVC rally, which has been largely in place since the 2nd quarter of 2020, has once again gained momentum. PVC markets across the board have been hitting and refreshing record highs each week...
07-10-2021

Saudi major opts for firm Oct pricing in both local and export polyolefin markets

A major Saudi Arabian producer kicked off October on a firm footing, with the recently announced PP and PE offers indicating mostly rollovers to increases in global polyolefin markets. The tightening in prompt availability over the course of September and bullish sentiment in most global markets supported the major producer’s pricing policy for October...
06-10-2021

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