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Plastics News and Polymer Prices

China’s PP, PE and PVC markets continue to offer poor netbacks despite better sentiment

Sentiment in China’s polymer markets has been supported this week by several factors including a pick-up in demand ahead of the Golden Week holiday, a tighter supply outlook amid typhoon-hit ports, as well as rising oil and Dalian futures. However, this major market continues to offer the least favorable netbacks in the world as spot prices cannot rise as much as expected...
16-09-2021

LDPE run-up enters its third month in China as tightness persists

LDPE prices in China have been on a steady uptrend since mid-June, except for a short-lived softening in early August. Tight supply at home, as well as from the overseas markets has been cited as the main reason behind firmer prices...
15-09-2021

African PP, PE markets extend gains into Sept on tightness

In Africa, PP and PE offers for September were firmer as compared to August, largely as a result of diminished supplies from the Middle Eastern and Asian suppliers. Although demand was little changed from last month, the tight supply situation dictated the higher pricing across the regional markets...
14-09-2021

European PS follows SM lower in Sept, ABS flat on tightness

In Europe, spot PS markets have reversed the course amid lower styrene settlement and unsupportive supply-demand dynamics. However, ABS prices have moved sideways amid ongoing tightness and relatively better demand...
13-09-2021

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