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North America
India's PP, PE markets battle oversupply with aggressive pricing
India’s PP and PE markets have entered a phase of intense, defensive price correction, signaling a challenging environment for domestic producers grappling with oversupply. Major Indian polymer producers have been forced to implement steep, synchronized price cuts, pushing import values toward the lowest points in recent tracking history... 17-10-2025
The high-seas trade war between US and China becomes a double-edged sword
The escalating trade conflict between US and China has now reached the maritime sector, with both sides facing serious drawbacks including chaos in shipping, cost burden as well as operational bottlenecks. Apparently, this maritime battlefield has turned into a double-edged sword — each side’s attempt to weaken the other has, for now, undermined its own efficiency and cost structure... 16-10-2025
Türkiye’s styrenics markets hover at 5-year lows, players debate potential bottom
Styrenics markets extended their bearish tone into October amid weak regional demand and lower upstream costs. Most players left their desks last week to attend the K 2025 Fair, the outcome of which was closely followed by global industry participants. While import offers hit their lowest levels since October 2020 for PS and July 2020 for ABS injection natural, domestic EPS prices also sank to a five-year low... 15-10-2025
Vietnam’s local PP, PE markets extend decline amid lingering demand weakness
Vietnam’s domestic polyolefin markets prolonged their downward trajectory during the week ending October 10, trapped in a cycle of weak demand and cautious sentiment. Both PP and PE prices softened further, reaching multi-month or multi-year lows. Converters remained reluctant to replenish stocks amid sluggish end-product demand and expectations of additional price cuts. Meanwhile, supply stayed ample with steady import inflows and Long Son Petrochemicals’ ongoing commercial operations... 14-10-2025
