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Plastics News and Polymer Prices

October hikes prove short-lived in Europe’s PP market

In Europe, initial PP offers emerged with slight increases in line with the €10/ton higher propylene settlement. Yet, players reported that rollovers started to pass on deals particularly in Italy while some hikes were sporadically achieved in Northwest Europe...
14-10-2019

Firming PE trend stumbles, medium-term expectations stifled in Turkey

October started on a firm footing for PE as sellers approached Turkey with price hikes. This was deemed a reflection of Aramco-driven cutbacks in H2 September. Nonetheless, buyers have recently pushed back since the previous revival in activity faded with latest deals representing rollovers or smaller hikes than initially sought...
11-10-2019

PET prices fail to rebound from near 3-year low in Asia, Europe

PET prices both in Asia and Europe have witnessed a renewed weakness recently. The low season seems to have outpaced the hike attempts of sellers to pull the market up from near 3-year lows...
10-10-2019

African PP, PE markets start Q4 in limbo amid varying pricing policies

In Africa, buyers and sellers struggled to find a common ground in pricing for October. New offers ranged in a variety of different policies, from rollovers to increases or decreases, depending on the suppliers’ inventories and the state of demand...
09-10-2019

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