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Plastics News and Polymer Prices

Sentiment firms in spot styrene markets on heels of shutdowns

Spot styrene prices in major markets have mostly followed the direction of naphtha and crude oil prices, which have been climbing steadily since the end of December. Further adding to the firm sentiment has been the expectation that supply will be tighter due to approaching maintenance shutdowns...
Tue Feb 19 12:00:00 EET 2019

March PVC outlook under discussion in Europe

February has become a month of rollovers in most cases despite the pressure from comfortable supplies and muted demand. Players are now discussing whether an upturn is possible in March based on a series of firm indicators while others still see a rebound early...
Mon Feb 18 12:00:00 EET 2019

Asian ethylene sustains rally, moves back above LDPE, LLDPE in China, SEA

Ethylene prices have hit a 4-month high on CFR Far East Asia basis this week upon steadily rising since mid-January, the weekly average data from ChemOrbis Price Wizard suggested. This pushed spot ethylene back above LDPE and LLDPE prices in China and Southeast Asia after around 3 months...
Fri Feb 15 12:00:00 EET 2019

Is uptrend delayed to March in European PET market?

In Europe, spot PET prices were mostly rolled over or small hikes of around €10-20/ton were sought this month after hitting a 10-month-low in January. The lack of major supply concerns and regular demand mostly curbed hike attempts across the region despite a few higher deals...
Thu Feb 14 12:00:00 EET 2019

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