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Plastics News and Polymer Prices

Crude oil caught between demand woes and production disruption

Crude oil prices witnessed a second consecutive weekly decline on September 11 as demand woes returned in full force amid a rising number of new COVID-19 cases across the globe. Adding to these concerns has been the recent data showing higher than expected increase in the US crude oil inventories...
15-09-2020

Tightness drives European PVC market up, prices near pre-pandemic levels

The uptrend in Europe’s PVC markets gained momentum in September amid a spate of production outages and lack of imports. This along with better-than-anticipated demand in local and export markets reduced regional availability considerably...
14-09-2020

Major LDPE markets touch multi-year highs on growing tightness

Most PE markets opened September on a strong note since supply-demand fundamentals dominated the pricing trend in major outlets including China, Turkey and Southeast Asia. Growing tightness for LDPE sparked more rapid hikes for this product across the board...
11-09-2020

A prospect for Q4 through uncharted waters of 2020 amid pandemic

2020 so far has been indisputably shocking and challenging in the thick of a pandemic. Few analysts would predict record contractions in major economies and notable jumps in unemployment rates. Would anyone imagine crude oil being sold at $40 per barrel but in negative territory?...
10-09-2020

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