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Plastics News and Polymer Prices

Local PP, PE offers for July track global uptrend in Saudi Arabia

Saudi Arabia’s domestic PP and PE markets started off July with increased offers. This has been largely supported by a rising trend in global markets, which came amid a gradual return to normal after months of strict restrictions...
07-07-2020

Initial ABS prices for July see larger increases than PS in Europe

July offers started to surface with increases in the PS and ABS markets after monthly contract settlements were agreed higher. This has been the second straight month of increases in Europe’s styrenics markets. Meanwhile, initial ABS offers were revealed with larger increases than PS amid a lack of import supplies...
06-07-2020

Supply constraints spark stronger PE trend than PP in global markets

COVID-19 pandemic gave global polyolefin players a rough ride during the first half of 2020 with volatility in energy markets and mounting economic woes. PP and PE prices across the board were in a downward spiral in late Q2 before they turned up by around late April-early May bolstered by higher upstream chain and the re-opening of economies...
03-07-2020

ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs

Import ABS and PS prices in China had been largely tracking a bullish trend since around early May to hit multi-month highs last week. However, as the second half of the year starts, the markets have failed to maintain their upturn as demand has tapered off...
02-07-2020

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