North America
Türkiye’s PVC market pressured by weak demand and global uncertainty
The market continued to face pressure into the second half of April, weighed down by subdued domestic demand, liquidity issues, and global uncertainties amid an ongoing, broad-based trade conflict. Buyers remained cautious in the face of economic headwinds, limiting trading activity and challenging sellers' efforts to stabilize prices. American K67 offers hit a fresh low of $700/ton CIF on the low end this week, while European sellers pushed for rollovers. Looking ahead to May, players are not exactly brimming with optimism and are refraining from making predictions... 18-04-2025US-China tariffs threaten ethane, propane trade; Chinese petchem producers set to seek exemption
As the US-China trade conflict escalates, propane and ethane — key industrial feedstocks are now caught in the crossfire. The deepening rift threatens to upend long-standing trade flows in propane and ethane, disrupting production and investment in both countries. Now, market players argue that Chinese producers reliant on these feedstocks are readying to petition Beijing to exempt them from the new duties, warning of dire consequences for domestic operations and supply chains... 17-04-2025Asian PVC outlook further dims as China prices hit fresh lows; Taiwanese major delays May offers
A major Taiwanese PVC producer has postponed its May pricing announcement for Asian markets, amid growing caution following the recent US tariff shock, coupled with the Chinaplas fair taking place in China this week... 16-04-2025Asia PS, ABS markets hit by US tariff chaos, export demand cools
Asia’s PS and ABS markets have come under significant pressure following the latest tariff hikes imposed by the US on Chinese and Southeast Asian goods, with demand taking a notable hit across key manufacturing sectors... 15-04-2025