Bleak outlook for Q1 keeps European PP, PE buyers sidelined
The bleak outlook comes as Europe’s polyolefin markets offer no glimmer of hope amid economic downturn and high energy costs despite vigorous efforts to rebalance supply levels. Meanwhile, a potential influx of import cargoes weighs on the Q1 outlook as overseas cargoes are expected to be calling at European ports early next year... 28-11-2022
PLAST EURASIA 2022: Eyes on Russian and US supplies with demand woes in focus
Global plastics players gathered at the 31st edition of Plast Eurasia Istanbul, which started on November 23, 2022. The recession in Europe, muted derivative markets, the flow of US and Russian materials heading to the year's end, and the cautious recovery in China’s import polymer markets have been the hot topics on the table so far... 24-11-2022
December PE offers to SE Asia imply further drops, yet to respond to China
Both regional and overseas producers have started to reveal their PE offers for December to Southeast Asia as of this week mostly with decreases, citing slow demand across the regional markets... 24-11-2022
Has the bear market for Asian PVC almost run its course?
Are Asian PVC markets about to turn around from a seven-month bear run? Regional players believe they could be, pointing to a brisk response from Indian buyers to a major Taiwanese producer’s December offers, but they added lower-priced US offerings could still spoil any bullish party... 23-11-2022
