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European PP and PE markets start 2025 on a stable to slightly firmer note

Regional PP and PE markets have been calm as the post-holiday environment settles in, with buyers returning to their desks from January 7th. Initial offers have emerged mostly with rollovers in line with the monomer contracts, while some price hikes have also been observed. Previous low ends may fade in the coming weeks, contingent on the balance of supply and demand...

Global spot styrene markets open 2025 on divergent paths

Global styrene prices have shown a mixed trend over the past week as markets were in flux amid New Year festivities and slightly fluctuating oil futures. Spot styrene prices in Asia stood at their lowest level since early December 2023 at the time of writing, while European and US styrene offers rose to their highest level since mid-October 2024, according to ChemOrbis Price Wizard data. Varying supply-demand dynamics played a role in opposite trends while they outweighed cost factors in most cases...

New year opens with mixed trends in China’s PVC markets

The start of 2025 has brought a mix of trends to China’s PVC markets. However, the theme of the markets continues to revolve around sluggish buying interest and ample availability. Alongside the lingering weakness in supply-demand fundamentals, the holiday lull has also dampened activity, as many players remain in festive mode during the Christmas and New Year holidays, further slowing the trading atmosphere...

China delays major PP, PE startups as expansion plans hit roadblocks

Data from ChemOrbis Production News Pro reveal that several major PP and PE projects in China, initially slated for launch in 2024, have been delayed to 2025 due to challenging market conditions. These delays underline the struggles of China's polyolefin markets, which continue to face chronic oversupply, sluggish demand growth, and poor margins...

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