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Plastics News and Polymer Prices

European PET erases hefty gains of 2018, notching 4th month of weakness

PET prices for January emerged mainly stable or with slight decreases compared to the previous month in the European markets, with January MEG contracts fully settling with a €35/ton decrease. Although an initial January settlement for PX was heard to be agreed with a similar decrease, negotiations are still ongoing...
Tue Jan 15 12:00:00 EET 2019

SE Asia PP market likely to remain under pressure amid upcoming capacities

PP prices in Southeast Asia have been maintaining their stable to softer trend as the market continues to face pressure from insufficient downstream demand and the upcoming start-up of new capacities in several countries including Malaysia, Indonesia and Vietnam...
Mon Jan 14 12:00:00 EET 2019

Saudi major issues drops for January in global PE markets

PE prices extended their downward trend into the new year in major markets. A Saudi Arabian major also issued a new round of drops for January in China, Turkey, Middle East and Africa...
Fri Jan 11 12:00:00 EET 2019

PS producers’ January offers defy lower styrene in Europe

European PS suppliers approached their local markets with rollovers to slight increases regardless of the unexpected fall in the January styrene settlement. Adopting a similar pricing policy, one of the suppliers raised its export PS offers to the nearby Turkish market...
Thu Jan 10 12:00:00 EET 2019

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