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Plastics News and Polymer Prices

China's PP market at almost 2-year low; H2 outlook bearish

ChemOrbis Price Index reveals that import and local PP prices in China have recently hit their lowest levels since July 2017 following the latest round of decreases driven by persistently disappointing demand...
19-06-2019

Asian spot ethylene market plunges to decade low

The monthly average of spot ethylene prices on CFR Far East Asia basis has plunged by $80/ton so far this month and hit its lowest level since May 2009 by breaking the $800/ton CFR threshold, data from ChemOrbis Price Wizard showed...
18-06-2019

Early July expectations emerge softer in Europe’s PP market

In Europe, June PP offers were initially rolled over in line with the outcome of monthly propylene contracts after consecutively rising in the past three months. However, some spot PP deals have recently started to be concluded slightly below May owing to weak buying appetite. Voices for a similar trend in July have surfaced amidst the seasonal slowdown and lower costs...
17-06-2019

Import PE prices fall to lowest in more than a decade across Asia

Ample supplies, growing concerns over escalating trade tensions and weak oil prices triggered renewed price cuts for PE in China. This week, import PE prices have hit their lowest levels since spring 2009. LLDPE prices in Southeast Asia have also followed suit...
14-06-2019

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