Demand pressure casts cloud on PVC hikes in Türkiye
Sellers have been adopting a firmer stance since early November, when PVC witnessed hike attempts for the first time after August in Türkiye. The relatively improved sentiment among suppliers was underpinned by a cautious recovery in Asian markets. Nonetheless, lethargic demand put a lid on increases, and the market was rangebound by the end of the month... 01-12-2023Non-European PPBC offers at aggressive levels add to bearishness in Italy
Whilst players are bracing themselves for another round of decreases in December, the emergence of aggressive non-European origins has contributed to the bearish scene in Italy. South Korean PPBC offers that trade at a discount to the PPH levels have mirrored the weakness in underlying demand for downstream applications as well as the most recent trend in Asia... 30-11-2023Correction: China, SEA PE markets continue downtrend as Nov ends, what lies ahead in Dec?
(The LDPE film deal levels for Saudi origins have been corrected in the bolded part of the related paragraph.)... 29-11-2023