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Plastics News and Polymer Prices

Spot ethylene markets rally on diminishing supply in Asia, Europe

After witnessing steady losses since late January, both Asian and European spot ethylene markets have been on a rally recently owing to reduced supply amid planned and unplanned shutdowns across the regions...
26-05-2020

Will European PP markets change direction after 3 months?

In Europe, June PP expectations have emerged stable to slightly firmer following the bearish rally that had been in place for the past three months. PP suppliers aim to approach the market with increases citing a potential hike in June monomer settlements. Whether hike attempts will be absorbed is under discussion amid weak demand outlook...
25-05-2020

Turkish PP, PE players leaving market for holiday with firm post-Eid expectations

Muslim countries are readying to celebrate Eid al-Fitr holiday on May 24-26. Before leaving their desks, Turkish players voiced their post-holiday projections on a strong note based on supportive cost, supply and demand dynamics...
22-05-2020

June PVC hikes exceed expectations in Asia, sustainability under discussion

In Asian PVC markets, offers for June have been announced with hikes that exceeded players’ expectations of $10-20/ton. After a major Taiwanese producer pioneered a $40/ton hike, other regional producers followed suit and approached the markets with similar price increases for June...
21-05-2020

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