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US-EU tariffs frenzy: A look at PE and beyond

The ongoing trade tensions between the US and the EU have stirred unease in global markets, particularly within the petrochemical industry. A key area of focus is PE, a vital material used in numerous industries ranging from packaging to construction. As the market slowly digests the impact of the tariff news amid a three-month freeze on import duties, questions swirl around how PE dynamics will shift particularly if certain PE products are excluded from the EU’s retaliatory tariff list as alleged or not...

India’s import PE market slips to multi-week lows ahead of May offers from Mid-East

India’s import PE market has come under fresh pressure, as sluggish local consumption and fragile sentiment have continued to weigh on import prices. Sources noted that recent US tariff measures have added to concerns over trade flow shifts, further dampening confidence in the market...

Türkiye’s PVC market pressured by weak demand and global uncertainty

The market continued to face pressure into the second half of April, weighed down by subdued domestic demand, liquidity issues, and global uncertainties amid an ongoing, broad-based trade conflict. Buyers remained cautious in the face of economic headwinds, limiting trading activity and challenging sellers' efforts to stabilize prices. American K67 offers hit a fresh low of $700/ton CIF on the low end this week, while European sellers pushed for rollovers. Looking ahead to May, players are not exactly brimming with optimism and are refraining from making predictions...

US-China tariffs threaten ethane, propane trade; Chinese petchem producers set to seek exemption

As the US-China trade conflict escalates, propane and ethane — key industrial feedstocks are now caught in the crossfire. The deepening rift threatens to upend long-standing trade flows in propane and ethane, disrupting production and investment in both countries. Now, market players argue that Chinese producers reliant on these feedstocks are readying to petition Beijing to exempt them from the new duties, warning of dire consequences for domestic operations and supply chains...

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