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- Lackluster demand outweighs tightness in Asian ABS markets
  
  Asia’s import ABS markets have followed softening local prices in China after the uptrend faltered in early July when prices reached multi-month highs. Although fading support from demand has predominated the pricing trend more since last week, restricted supplies and high costs have kept the size of discounts small heading to August...
  
  Will costs drum up support for a 3rd-month-firming in Europe PET market?
  
  According to ChemOrbis Price Index, spot PET prices in Europe have gained around 5% since the upturn kicked off in June. This size of increase is quite modest when compared to the cumulative gains of other polymers, which have largely exceeded 10%. This can be attributed to the fact that the uptrend in the PET market was triggered by higher upstream costs, rather than supply-demand dynamics...
  
  Import PE markets give softening signals in China, SE Asia
  
  China’s local PE market has recently snapped a 9-week rally due to falling Dalian futures and fading buying appetite. Slightly lower local prices have weighed on the import sentiment, with buyers adopting a more cautious approach to fresh purchases...
  
  PVC supplies tight, demand robust across Europe
  
  Players in Europe widely confirm that PVC supplies are reduced and demand from various sectors is healthy in July. After two months of increases, the biggest question is now whether these factors will help local spot PVC prices extend gains into August...
  
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PP uptrend falters in Indonesia amid downstream resistance

PP prices in Indonesia have started to come off after gains from May amid buyers’ growing resistance to price hikes...

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