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Plastics News and Polymer Prices

China’s import PVC market rebounds from 5-month low

Data from ChemOrbis Price Index reveal that the weekly average of import K67 prices on CIF China basis rebounded from a 5-month low last week. Players noted that the market was boosted by a combination of high prices for domestic material as well as the spillover sentiment from India, the world’s largest PVC buyer...
26-07-2021

Firming in China PE market stronger than PP since mid-June

In China, PE prices have been steadily rising since the second half of June, with LDPE taking the lion’s share of these gains. As for PP, meanwhile, a stable to slightly firmer trend has dominated the market within the same period...
23-07-2021

Asian ethylene, propylene falter on bearish crude and oversupply

Asian ethylene and propylene prices have reversed their gains this week amid the recent crude price reversal, as well as lengthening supply in China, South Korea, and Southeast Asia...
22-07-2021

Oil plunge weighs on PET bottle sentiment in Asia, Europe

Asian PET botte prices are under downward pressure as a result of a deep dive in crude oil prices in the latest week -one shortened by the Eid Al Adha holidays in many parts- after rising in the first week of July and then moving sideways. In Europe, the oil plunge has put further pressure on the markets and overshadowed the hike intentions for August...
21-07-2021

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