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Plastics News and Polymer Prices

Upsurge continues to wreak havoc on Turkey’s PP, PE markets

Turkey’s import polyolefin markets have seen no respite from abrupt increases, with PP continuing to take the lead. Short supplies spurred price inquiries as global production hiccups coupled with rising upstream costs kept March expectations bullish. Yet, the never-before-seen levels kept players on their toes and caused some buyers to idle operations...
26-02-2021

PVC rally roars back in Asia as supply worries mount

Import PVC prices in India, China, and SE Asia witnessed relentless hikes from mid-May to late December last year amid a global supply crunch. This longest-ever price rally lost speed in January and prices corrected from record highs. The uptrend was soon renewed in early February while it has recently turned back into a roaring rally in the aftermath of weather-driven shutdowns in the US...
25-02-2021

China PP, PE markets join global rally after Lunar New Year holiday

During China’s week-long absence due to the Lunar New Year holiday in mid-February, the tightness-driven hikes in global PP and PE markets were reinforced by higher energy values as well as winter-related supply disruptions in the US Gulf...
24-02-2021

PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended

The US polymer exports faced serious challenges in the last quarter of 2020, largely as a result of multiple shutdowns and force majeure declarations that followed the most active hurricane season since 2017. Reduced production and shipping difficulties have impacted the competitiveness of US exports in global markets...
23-02-2021

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