Europe’s PE markets under pressure from rising supplies
January PE prices emerged with rollovers to monthly drops in Europe. Although the delayed arrival of US cargoes supported regional suppliers to some extent, growing supplies amid better import availability and tepid demand put pressure on particularly LDPE and HDPE grades... 17-01-2022
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... 14-01-2022
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... 13-01-2022
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... 12-01-2022
