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Türkiye PVC market ends March on a soft footing, what lies ahead for April?

Import PVC prices extended their losses for a fifth straight month in March, as the market continued softening despite sellers' attempts to lift prices amid squeezed margins. Since late 2024, subdued demand has outweighed reduced European supply, keeping PVC from following PP and PE’s upturn. With March set to end weakly after buyers resisted rollovers and hikes, attention has shifted to the post-Eid al-Fitr period amid local and global dynamics...

European PP markets on brink of a softer trend after Q1 gains

In Europe, a slew of factors capped the upward momentum of PP throughout March, rendering it challenging for sellers to implement larger price increases. With rollovers becoming more prevalent, the quarter concluded on a subdued note. PP markets are now bracing for potential drops amid unsupportive market dynamics and lower costs...

India’s PVC market eyes bottom after April cuts, but converters remain cautious

PVC traders in India are talking about a market bottom especially after benchmark prices from Taiwan fell for the fourth month in a row, with some players even pointing to producers selling below costs. However, buying has still not picked up and nobody is convinced about any surge in procurements by converters in the near term...

Will Africa’s PP, PE markets extend gains into 4th month during April?

In Africa, supply restrictions from major mainstream suppliers brought additional hikes for March across the continent. Despite lackluster demand in most parts of the region, March marked the third month of firmer prices,with restrained availability and shipping hiccups taking center stage. PP and PE prices in most parts of the region have neared their highest levels of the past two years while the sustainability of this uprun is seen highly debatable in April...

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