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Plastics News and Polymer Prices

Are record-high PVC prices the new normal amid enduring pandemic?

The global PVC rally, which has been in place since the 2nd quarter of 2020 if some short-term correction periods are ignored, has once again gained momentum amid the ongoing shipping crisis and supply shortages. Import prices in major markets have broken their previous peaks, raising the questions: How long will this rally last? Are the record-high PVC prices the new normal?...
09-09-2021

European PVC up for 16th month in Sept, prices touch new highs

In Europe, fresh PVC offers that have been announced for September so far indicate small increases despite the slightly lower ethylene settlement. The bullish trend entered its 16th month, with supply-demand dynamics remaining as key factors setting the tone of the market. PVC prices hit fresh record highs, needless to say...
08-09-2021

Egypt’s PP, PE markets rise on tightness in September

In Egypt, PP and PE markets witnessed increased offers for September, largely as a result of tightening supplies from the Middle East. The buying sentiment was mixed as some players rushed to replenish dwindling inventories while others took a more cautious approach, eyeing the market dynamics from a distance...
07-09-2021

Logistics snarls propel import PP, PE offers higher in Europe

In Europe, players returned to a changing sentiment after summer holidays as prices for non-European origins have been revised upwards in tandem with rising shipping costs amid logistical mishaps. Suppliers from the Middle East, the US and Asia were seen lifting their offers to Europe as September kicked off...
06-09-2021

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