Türkiye’s polymer markets in flux amid bullish costs, lackluster demand
Import polymer markets witnessed firmer pricing policies on the side of suppliers in the first half of September in Türkiye. This was mainly because soaring upstream costs squeezed producers’ margins, prompting PP, PE, PVC, and PS sellers to issue monthly hikes. Yet, most of them admitted that the state of demand cushioned additional price gains for most products or even led to discounts for certain ones... 15-09-2023
China’s import PE prices resume uptrend on ongoing cost support
Steady gains, which were in place across China’s import PE markets since mid-June, were interrupted by buyer resistance over the past week. However, spot prices have again continued to post increases in recent days on the back of ongoing increase in costs and a demand recovery – albeit a limited one – amid the high season. ... 14-09-2023
Liquidity concerns keep India’s PP, PE markets on edge
The demand outlook, which took a significant positive turn in the previous month, has raised PP and PE prices in India over more than a month. However, the latest indications point to buyers complaining of liquidity issues as they stay away, putting pressure on the market... 13-09-2023
Buyer resistance counterbalances cost pressure in China’s PE markets
Rising upstream costs accompanied by a demand pickup put a floor under China’s import PE markets in mid-June, since when prices have mostly followed a stable to firmer trend and reached highest levels in about four to five months. Despite the latest oil rally, prices failed to increase further last week, as growing resistance from buyers offset the pressure from rising costs, players said... 12-09-2023
