Polymers Market : Plastics News and Resin Prices
Has the bear market for Asian PVC almost run its course? by Shibu Itty Kuttickal
Are Asian PVC markets about to turn around from a seven-month bear run? Regional players believe they could be, pointing to a brisk response from Indian buyers to a major Taiwanese producer’s December offers, but they added lower-priced US offerings could still spoil any bullish party... 23-11-2022
Demand outlook for crude oil dims amid China worries by Başak Ceylan
Crude oil prices logged their second consecutive weekly decline last week, dropping by around 9-10% on the week amid worrying signs over a resurgence of Covid-19 concerns. As oil energy demand outlook darkened over this news, the attention turned towards the supply front, where OPEC+ cuts and the approaching EU embargoes on Russian crude and oil product imports stay at the fore... 22-11-2022
Asian styrene prices rebound from almost two-year lows by Jennifer Lee
Having hit their lowest since January 2021 in early November, Asian spot styrene prices moved higher in the following two weeks. Sentiment remained upbeat following the previous week’s news that China somewhat relaxed Covid-19 curbs. However, there are still concerns with the latest outbreaks in Guangzhou, and new daily infections topping 5,000, which have raised fears of more lockdowns... 21-11-2022
Turkey’s PE market on brink of new drops for December by Merve Madakbaşı
PE prices have reversed direction following a short-lived upturn in October given ebbing demand from derivative markets. What clouded the outlook has been globally thin demand with the year-end lull and competitive US cargos looming over the markets... 18-11-2022
Signs of optimism in China PP and PE markets, but caution remains by Pınar Polat
In China, sentiment in the polyolefin markets has displayed a cautious improvement since late last week. Firmer Dalian futures prices and the boost oil got from the government’s decision to ease some of its Covid-19 restrictions for travelers have generated some positivity, leading to a stable to slightly firmer trend after a long term of downturn... 17-11-2022
ChemOrbis Free Plastics News section includes plastics industry news covering all the important developments affecting supply and demand balance for the polymers industry and plastics resin prices.
Plastics News covers any development affecting the prices of polymers and plastic raw materials including Polyethylene (PE) - consisting of HDPE, LDPE and LLDPE - Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and ABS.
Not only plastics resins, but also the production chain starting from crude oil to naphtha and the monomers and feedstock costs including ethylene, propylene, styrene, benzene, PX and MEG are within the scope of ChemOrbis Plastics News. Any news pertaining to these products in global markets about market trends, the changes in supply-demand dynamics and import-export stats as well as production updates - including maintenance shutdowns, plant turnarounds, closures, force majeure declarations, restarts and new capacities - are covered in this section.
ChemOrbis Plastics News also consists of stories about the changes in customs legislations for plastic resins in regional markets, freight rates in global markets, economic and financial developments that affect demand directly or indirectly as well as the updates of the companies operating in the plastics sector.
Free Plastics News section includes the news for the following markets:
Asia Pacific & India : China, South Korea, Japan, Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, India
Middle East & Africa : Turkey, Egypt, Saudi Arabia, GCC, Iran, North Africa, East Africa, West Africa and South Africa
Europe & CIS : Italy, Germany, France, Netherlands, Belgium, Russia, Ukraine, CIS, Northwest Europe
Americas : North America, South America, USA, Canada, Mexico
for the following products :
Polyethylene (PE) : LDPE, LLDPE, HDPE, PP (Polypropylene) : PP Homo, PP Copolymer, Polyviynl Chloride (PVC) : SPVC, Polystyrene (PS) : HIPS, GPPS, EPS, PET (Polyethylene Terephthalate) : PET Bottle, PET Film, ABS (Acrylonitrile Butadiene Styrene), feedstocks & monomers including crude oil, naphtha, ethylene, propylene, VCM, EDC, styrene, benzene, MEG, paraxylene, PTA and butadiene.
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