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Plastics News and Polymer Prices

Upward trend gains momentum in China's import PP, PE markets

In China, PP and PE prices, particularly for the homo-PP and LDPE grades, have continued to firm up at a relatively faster pace compared to previous weeks. Healthy demand, availability issues and rising Dalian futures have remained as the main factors supporting the markets...
25-11-2020

Egypt’s import PVC market in short supply; local prices gear up

Import K67-68 offers in Egypt look set to end November on a firm note as a continued tightness in supplies is keeping the pricing direction pointed upwards. The domestic market has also been feeling much tighter for buyers looking to source large volumes of PVC domestically. And in view of this bullish environment, local producers are stepping up efforts to push through higher prices...
24-11-2020

December hints at further hikes in Europe’s PS, ABS markets

European PS and ABS players are bracing themselves for further increases in December, blaming rising spot styrene prices and more importantly supply constraints. A lack of Asian imports has exacerbated ABS tightness, while PS availability has failed to return back to normal levels following plant restarts...
23-11-2020

Global polymer markets face soaring freights amid pent-up demand

Cost of shipping goods have rallied worldwide and lent support to rising polymer markets across the board. The main driver behind surging freight rates is a lack of containers and vessels particularly in Asia...
20-11-2020

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