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Plastics News and Polymer Prices

Turkey's recycled market hit hardest by lira's freefall

The headwinds have been rippling through the Turkish recycling industry for some time, the recent of which has been the sharp depreciation of the Turkish lira. As scrap and flakes are traded in dollars and euros, and the end-product is sold in Turkish lira, recyclers have come under a heavy strain and the relative competitiveness of recycled polyolefins has suffered...
30-11-2021

Will Europe’s PE market manage to defy pressure in December?

In Europe, players are expecting PE prices to move sideways in December amid lingering logistic challenges regardless of the ethylene’s outcome, expectations for which call for rollovers to small variations...
29-11-2021

Turkey's polymer markets deadlocked as lira’s freefall shatters all records

The Turkish lira faced a collapse against its peers on Tuesday before paring some of its losses later in the week. In the midst of an unstable parity, players maintained their "wait and see" stance, while economic concerns have wreaked havoc on polymer demand...
26-11-2021

Homo-PP downturn in full swing in China

In China, the downward trend in the homo-PP markets that kicked off around mid-October has been persisting, with the weekly averages of import and local homo-PP raffia and inj. prices respectively losing 6% and 15% since then , based on ChemOrbis data...
25-11-2021

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