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Plastics News and Polymer Prices

European PP, PE markets set for 5th bullish month as shortage bites

European PP and PE markets are on the verge of posting supply-driven increases moving into March, which would mark the 5th straight month of hikes. The bullish rally, which gained momentum from January onwards, is not expected to take a breather as another round of 3-digits hikes are awaited...
22-02-2021

Turkey shattered as PP prices shoot up to surreal levels

PP prices have rallied unprecedentedly in the last two weeks, appalling many players in Turkey. Steep increases coupled with robust demand in Europe and America lighted the touch paper while a wave of production issues exacerbated the severity scale of the run-up...
19-02-2021

Polymer markets face one of most chaotic times

Global polymer markets have been grappling with a dearth of supply since early Q4. Planned and unplanned shutdowns coupled with a deepening shipping crisis in the aftermath of an unexpected surge in demand have contributed to rapid price hikes in major regions. Prices for PP, PE, and PVC have more than doubled from the middle of last year...
18-02-2021

Turnaround season set to get underway in Asia

A turnaround season in the Asian PVC market is set to kick off towards late February, mostly lasting until late April. As for PP and PE, a series of shutdowns are also ahead, which will disrupt supplies during the same period...
17-02-2021

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