2025 China Polymer Prices, News and Analysis

Tariff uncertainty, new tax rules hit Vietnam’s polyolefin demand

A bearish tone continued to dominate Vietnam’s PP and PE markets in the first half of June, with local prices hitting multi-year lows and import prices mostly stable, according to ChemOrbis Price Index. Weak seasonal demand, ongoing uncertainty surrounding US tariffs, and the recent rollout of a new domestic tax policy have all eroded buyer confidence and market momentum. Many players have adopted a wait-and-see approach, deferring purchases in anticipation of clearer direction from both local and global developments...

India’s PVC rally gains pace: Buyers brace for China exit as BIS looms

The Indian polyvinyl chloride (PVC) market is experiencing a significant uptrend, with import prices surging dramatically towards the end of the previous week. Apart from the rising freight rates, the bullish sentiment is also fueled by strong expectations that the Bureau of Indian Standards (BIS) will implement its proposed regulations by the end of June, a move anticipated to profoundly reshape PVC trade flows and market dynamics...

Türkiye PVC market struggles to find post-holiday momentum

Players returned from the Eid al-Adha break on Tuesday, but the long-awaited rebound in demand remained elusive. Indeed, most PVC sellers maintained their firm stance on the back of higher container prices and firmer prices in the key Indian market. Nonetheless, converters appeared in no rush to make fresh purchases amid sufficient resin and end-product availability. Sellers who had attempted to push through hikes ahead of the holiday found little traction amid tepid buying interest, especially for the mainstream K67 grade...

European PS, ABS markets extend losses into third straight month in June

Spot PS and ABS markets have extended their declines into the last month of the second quarter in Europe. However, trading activities remained calm, although the latest styrene contract level hit a year-to-date low. PS prices also reached their lowest levels of the year, while ABS prices dropped to more than one-and-a-half year low...

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