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Plastics News and Polymer Prices

Lower bids drag import PP, PE down before Eid al-Fitr in Türkiye

Polyolefin prices moved south this week as more suppliers revealed their fresh April offers and received lower bids from their regular customers. Middle Eastern PP raffia touched a new low on deals, while LLDPE and HDPE film traded lower, succumbing to limited demand ahead of a 9-day holiday. Soaring oil prices had little to no impact on the sentiment, as demand woes took center stage...
05-04-2024

Arriving imports, ebbing demand weigh on Europe’s PP and PE markets

The sentiment in the regional polyolefin markets has faltered to some extent even before April monomer contacts that settled higher. Ebbing demand seems to be the main culprit behind the changing sentiment following a 3-month long uptrend. From that moment on, PP and PE markets are unlikely to absorb further increases amid the arrival of imports at aggressive levels...
04-04-2024

Ample supplies weigh on India’s PE markets; firm costs put a floor under PP

Ample availability in both domestic and regional markets put pressure on PP and PE prices in India, despite the rise in energy and feedstock costs and the strength in the country’s economic fundamentals. The market also saw lower buying activity ahead of the fiscal year ending on March 31...
03-04-2024

SE Asia’s import PE markets fluctuate amid opposing factors

In Southeast Asia’s import PE markets, the upward trajectory, which began in mid-December, has started to falter since early March, resulting in mixed price movements this month. Price volatility has been driven by conflicting factors, such as rising production costs and persistently subdued demand...
02-04-2024

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