Plastics News and Polymer Prices

Low overseas supplies prop up import PP prices in China
by Merve Madakbaşı
Import prices have gained slight ground since April started owing to limited cargoes from overseas suppliers. The relatively improved demand following the VAT cut as well as higher crude oil prices also contributed to the firming sentiment...
19-04-2019

Vietnam’s local PP, PE markets resume firming; LLDPE fails to catch up
by Merve Sezgün
Local PP, HDPE and LDPE prices in Vietnam have resumed their firming path after a two-week break. Players pointed to firmer import offers as the main driver pushing the local market higher. LLDPE prices, on the other hand, have failed to catch up with the other products given ample overseas supplies...
18-04-2019

Are European ethylene contracts heading for 3rd straight month of hikes?
by Başak Ceylan
April is only halfway through. However, players in Europe already started discussing the next ethylene contract as April is a shorter month due to Easter and bank holidays. Early expectations are that prices are likely to settle higher, with anticipated increase amounts ranging between €30/ton and €50/ton...
17-04-2019

Taiwanese major’s May PVC offers to Asia see larger-than-expected drops
by Pınar Polat
The size of a major Taiwanese PVC producer’s price reductions for May offers to the Asian markets exceeded players’ expectations, which had mostly centered on rollovers to slight drops. Accordingly, import PVC prices have hit more-than-two-and-a-half-year low across Asia...
16-04-2019

Asian ABS sellers renew confidence in shadow of volatile styrene
by Merve Sezgün
Import ABS prices in China and Southeast Asia resumed their rising path last week after two weeks of declines. Strong crude oil futures encouraged sellers to adopt a firm stance although the ongoing fluctuations in the spot styrene market kept buyers cautious about making fresh purchases...
15-04-2019