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Plastics News and Polymer Prices

Indonesia’s PE, PP markets remain strong despite softer sentiment in China

PE and PP prices in Indonesia remain stable to firm in the local market even as the sentiment in China is turning cautious.Players attribute the relative strength of Indonesian PP, PE markets to the expectations of limited supply due to an upcoming maintenance...
24-07-2019

PET prices weaken further in Asia and Mediterranean

Since early July, lower feedstock costs coupled with disappointing downstream demand have reversed the uptrend that lasted only for three weeks in June in the Asian PET markets, particularly in China. Mediterranean markets soon followed China’s lead, with prices largely cancelling the gains recorded in the second half of last month...
23-07-2019

Vietnam PP market yet to respond to faltering upturn in China

According to ChemOrbis Price Index, Vietnam’s local and import homo-PP markets extended gains into the fourth week after bottoming out in mid-June. Players are now wondering whether the firming trend in Vietnam will be sustained as the sentiment in China PP market has faltered recently...
22-07-2019

Turkey’s PE market stuck between weak fundamentals and up pressure from China

Turkey’s import PE market seems to have mostly stabilized for LDPE and LLDPE as the second half of July has kicked off, although HDPE remains under pressure from slack buying interest...
19-07-2019

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