PP demand fares better than PE in Turkey
Turkish polyolefin markets started 2022 with opposite trends as PP prices were bolstered by pent-up demand, particularly for raffia grade. Nonetheless, PE has yet to respond to upward corrections for PP, mainly because weak demand continues to pervade the market... 14-01-2022
Taiwanese major poised to come lower for a 3rd month to Asian PVC markets
Most Asian PVC market players expect a major Taiwanese producer to offer February imports at prices lower than for January, with some predicting a slide of up to $100/ton, as the sentiment remains bearish... 13-01-2022
Covid concerns loom large in China, hitting demand and supply-chain
With less than a month to go until the start of the Chinese New Year and the opening of the 2022 Winter Olympics in Beijing, China has been facing a new wave of Covid-19, including the latest and more infectious variant Omicron... 12-01-2022
Egypt’s PVC markets extend drops into January
The extended losses in both import and domestic PVC K67-68 prices hardly came as a surprise for Egypt’s market players. As the buying appetite continued to grow weaker on players’ aversion to buying in a falling market, the pressure on prices increased. A local producer also approached the market with price cuts in January... 11-01-2022
