North America
Sky-high US PE film prices test affordability in SEA as Mid-East ceasefire alters sentiment
Southeast Asia’s PE market continues to face a persistent shortage of Middle Eastern and regional supply. Amid these disruptions, US sellers have stepped in aggressively, offering material at sharply elevated levels that have effectively redefined the regional pricing landscape. However, the workability and sustainability of these offers are increasingly being questioned amid a notable shift in market sentiment... 09-04-2026
Middle East war cost for Europe: Polymer prices surge back toward pandemic-era highs
The outbreak of the Middle East war at the end of February triggered a sharp upswing across Europe’s polymer markets, with prices rising at varying magnitudes depending on product fundamentals. Polyolefins led the rally by a wide margin, while other polymer chains also moved higher, albeit at a more moderate pace, largely driven by cost inflation rather than imminent supply shortages... 08-04-2026
UPDATED: Middle East supply disruptions spread across key hubs
*Updated following the airstrikes on Assaluyah Hub in Iran and Jubail Hub in Saudi Arabia on April 7, 2026 – The effective closure of the Strait of Hormuz and escalating geopolitical tensions have sent shock waves across global petrochemical markets, triggering steep price hikes since the onset of the war. The Middle East, a critical supplier to Asia, Europe, and neighboring regions, holds a dominant position particularly in polyolefins exports, making any disruption in the region immediately felt across global supply chains... 07-04-2026
Egypt’s import LL, HDPE hit highest since 2008, local markets reach all-time highs
According to ChemOrbis Price Index, import and local PE prices to Egypt have hit new highs this week along with the emergence of new April offers from mainstream sellers. The supply shock from the Middle East has caused a cumulative increase of nearly 80% in import prices since the outbreak of the war... 06-04-2026