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Plastics News and Polymer Prices

Export PVC prices out of China provide competitive edge

An increasing number of export PVC offers from China have found their way to Southeast Asia, India, Turkey, and Egypt recently. This was a reflection of the weak trend observed in China’s domestic markets over the past two weeks. Slow demand and falling Dalian futures weighed down on local prices in China, unlike the firm scene for imports...
02-04-2021

European PP, PE set for 6th bullish month, is peak near?

European PP and PE markets have been gradually firming up since November 2020 and have been trading at all-time highs since around early March. April hints at further firming amid ongoing shortage and higher monomer settlements. However, demand is cautious amid expectations about a nearing peak...
01-04-2021

Caution reigns China PP market amid scant demand, low import supply

In China, sentiment in the PP market has remained cautious for another week due to frail demand. While overseas sellers have stood firm on their offers to China amid their preference for higher-margin markets, the volatility of crude and feedstock prices have kept players vigilant...
31-03-2021

Major producer leads way in higher April PP, PE pricing in Saudi Arabia

Saudi Arabian polyolefin markets were on an upward trek to start the week as March – and with it, the first quarter of the year – draws to a close. New offers announced by a major domestic producer continued the uptrend that has been evident since the second half of 2020...
30-03-2021

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