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Plastics News and Polymer Prices

Turkey’s PP market starts to stabilize, will other polymers follow suit?

PP prices in Turkey have signaled stabilization in the last two weeks following a nosedive back in May. More players seem convinced that the market has recently reached its bottom. Now this is the question arising about the trajectory of other polymer markets, which have also sunk to multi-month lows: "Can PE and PVC follow suit?"...
11-06-2021

Asian ethylene and propylene slide into steeper backwardation on demand, oversupply

Asian ethylene and propylene forward curves have stayed in backwardation for the past few weeks. Sentiment has remained bearish as demand concerns persist over the lackluster performance of downstream markets. Adding to the pricing pressure is also concern over lengthening supply in Northeast Asia, of both ethylene and propylene...
10-06-2021

China PP, PE markets on nearly 3-month losing streak amid scant demand

In China, import PP and PE prices have been on a steady downtrend since mid-March due to limited buying activity amid the off-season and Asia’s Covid battle...
09-06-2021

June PP, PE prices drop further on weakened activities in Egypt

Following the downward revisions witnessed in late May, there was one question that remained pertinent in Egypt’s polyolefins market: Will further price cuts be available in June? With demand subdued and buyers sidelined, the recent offers for June affirmed the question raised last month...
08-06-2021

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