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Asia PS, ABS markets under pressure from multi-year low styrene

Sellers in Asian styrenics markets have been largely feeling the downwards pressure of feedstock prices for around a month now. Spot styrene prices have been steadily declining since mid-September, prompting suppliers to apply slight drops on their prices this week...

US PE exports to continue to dominate Q4 market outlook

The US already exported over 6 million tons of PE in the first eight months of 2019, almost catching last year’s total...

Taiwanese major sells out Nov PVC quota to India ahead of Diwali

Industry response to lower PVC offers for November by a major Taiwanese producer has been strong in India as the country heads towards the Diwali holidays late next week...

Will Asian spot ethylene markets pull back from 10-year lows?

Data from ChemOrbis Price Wizard showed that spot ethylene prices on CFR China basis plunged by $70/ton last week, hitting their lowest levels in more than 10 years. This represented a cumulative drop of 20%, or more than $200/ton on average, since the start of the downtrend in late August this year...