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Plastics News and Polymer Prices

Asian ethylene sustains rally, moves back above LDPE, LLDPE in China, SEA

Ethylene prices have hit a 4-month high on CFR Far East Asia basis this week upon steadily rising since mid-January, the weekly average data from ChemOrbis Price Wizard suggested. This pushed spot ethylene back above LDPE and LLDPE prices in China and Southeast Asia after around 3 months...
Fri Feb 15 12:00:00 EET 2019

Is uptrend delayed to March in European PET market?

In Europe, spot PET prices were mostly rolled over or small hikes of around €10-20/ton were sought this month after hitting a 10-month-low in January. The lack of major supply concerns and regular demand mostly curbed hike attempts across the region despite a few higher deals...
Thu Feb 14 12:00:00 EET 2019

Spot propylene moves back down in Europe, US; what lies ahead for Asia?

Spending the second half of 2018 mostly on a bearish trend, spot propylene prices in Europe and the US turned up in mid-November and December and pared some losses. However, they have softened again in the past two weeks while the Asian market has remained steady within the same period...
Wed Feb 13 12:00:00 EET 2019

Sentiment fails to improve in Feb across Mid-Eastern and African PP, PE markets

A lackluster sentiment has been clouding the PP and PE markets in Africa and Middle East since the second half of 2018. Some hike attempts have surfaced in February; however, comfortable supplies and moderate-to-low demand yet again kept prices relatively stable...
Tue Feb 12 12:00:00 EET 2019

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