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Plastics News and Polymer Prices

LDPE film prices climb to nearly two-year highs in China, SE Asia

PE markets in Asia have witnessed a persistent uptrend in prices of the low-density film grade for the past couple of months, resulting in its typical premium over HDPE and LLDPE film expanding significantly. Data obtained from ChemOrbis Price Index reveal that the weekly average prices of LDPE film in both China and Southeast Asia hit their highest levels in nearly two years...

European PVC sellers between a rock and a hard place: Anemic demand vs squeezing margins

Regional PVC markets have barely changed in the ever-shifting landscape of the global markets as long-standing challenges faced by both producers and buyers continue to thwart any attempts to turn the tide. Europe’s spot and contract PVC markets receded further in June, being unfazed by the bullish scene in other outlets, while July voices are also not any better...

Slack demand dominates polymers ahead of Eid al-Adha, yet freight support still intact in Türkiye

Prices for most polymers defied the lower upstream chain in June as successive increases in shipping costs amid logistic hurdles provided sellers with leverage to lift their prices. Yet, ebbing demand has come to the fore recently, outweighing supply curtailments and capping larger price hikes...

Freight rally set to prompt Taiwanese PVC major to hike July offers

As freight rates have kept up the upward pressure on Asian PVC prices, a major Taiwanese producer is expected to shortly raise its benchmark offers to major Asian markets for the second straight month. The major might want to see the energy and feedstock market direction ahead before deciding its July pricing, but the market is almost unanimous in predicting higher pricing levels for the month...

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