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Plastics News and Polymer Prices

Asian PS markets unfazed by losses in crude oil futures

PS prices in China and Southeast Asia have been on a firm trend following slight fluctuations during the first half of January amid volatile feedstock costs. Some pre-buying activity that took place ahead of Chinese New Year holiday combined with higher styrene costs in the region mitigated the impact of weaker energy complex on downstream PS market...
17-01-2020

Local PP recovers from multi-year lows in Thailand, Vietnam and Indonesia

The local homo-PP markets in Thailand, Vietnam and Indonesia have recovered from a prolonged decline in the wake of the rebound in import prices. Reduced availability has helped sellers adopt a firmer stance on their offers since early January...
16-01-2020

Firming falters in China’s PET market on lower crude, pre-holiday lull

Following a month-long firming triggered by the short-lived rally in crude oil futures, China’s PET market has shifted direction recently. The sentiment has faltered upon the recent downturn in energy costs as well as the slow-down in market activities prior to the Chinese New Year holiday that begins in late January...
15-01-2020

Firming in HDPE lags behind LLDPE, LDPE on plastic bag ban in SE Asia

PE prices in Southeast Asia have generally risen ahead of scheduled turnarounds in the region and in the Middle East. However, the pace of gains in HDPE has lagged behind the increases in LDPE and LLDPE due to growing restrictions on single-use plastic bags, which reduce demand for HDPE in particular...
14-01-2020

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