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Plastics News and Polymer Prices

Styrene prices lose 25-30% globally since August

Spot styrene prices prolonged the downward trend that has been in place since August in Europe and the US, with both markets hitting their lowest levels in more than two years. Asian spot styrene prices also extended their weekly losses to see 18-month-lows...
Tue Nov 13 12:00:00 EET 2018

Vietnam’s local homo-PP market retreats further on weak demand

In Vietnam, the local homo-PP market continued to witness decreases for the second week in a row as buyers preferred to stay on the sidelines in anticipation of seeing further price cuts in import offers...
Mon Nov 12 12:00:00 EET 2018

Export PET prices out of Asia sink to 7-month low

PET prices out of China and South Korea to the export destinations have been on a downtrend since around the middle of September under pressure from bearish upstream markets...
Fri Nov 09 12:00:00 EET 2018

Will hike targets fail in Europe's PE market?

In Europe, initial PE offers for November emerged with mostly rollovers to modest hikes following the lower ethylene settlement. Although two producers continue to stand firm on their hike targets of €40-70/ton for LDPE, players think large hikes will not be absorbed...
Thu Nov 08 12:00:00 EET 2018

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