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North America
Turkish players assess potential impacts of the Middle East flare-up on polymers
Türkiye’s polymer markets have been shaken by the escalating and ongoing tension in the neighboring Middle East since the past weekend, and the first half of this week saw traders retreating from the market. In line with reports of further freight increases from Far East Asia, PP and PVC offers from South Korea became scarce, while the fate of Iranian supply—particularly in the HDPE market—remained a point of curiosity. Meanwhile, a distributor of a European PE producer confirmed that they suspended LDPE offers amid an order stop from the region this week... 19-06-2025
Europe’s PP, PE outlook blurred by rising geopolitical tensions
Following a three-month downtrend, European PP and PE players are reassessing the outlook for July amid rising crude oil and freight costs, as the conflict between Israel and Iran rattles markets. Fears are mounting over further disruptions to Red Sea shipping lanes and possible ripple effects across global supply chains... 18-06-2025
Tariff uncertainty, new tax rules hit Vietnam’s polyolefin demand
A bearish tone continued to dominate Vietnam’s PP and PE markets in the first half of June, with local prices hitting multi-year lows and import prices mostly stable, according to ChemOrbis Price Index. Weak seasonal demand, ongoing uncertainty surrounding US tariffs, and the recent rollout of a new domestic tax policy have all eroded buyer confidence and market momentum. Many players have adopted a wait-and-see approach, deferring purchases in anticipation of clearer direction from both local and global developments... 17-06-2025
India’s PVC rally gains pace: Buyers brace for China exit as BIS looms
The Indian polyvinyl chloride (PVC) market is experiencing a significant uptrend, with import prices surging dramatically towards the end of the previous week. Apart from the rising freight rates, the bullish sentiment is also fueled by strong expectations that the Bureau of Indian Standards (BIS) will implement its proposed regulations by the end of June, a move anticipated to profoundly reshape PVC trade flows and market dynamics... 16-06-2025
