Plastics News and Polymer Prices

Turkey’s PE market stuck between weak fundamentals and up pressure from China
by Merve Madakbaşı
Turkey’s import PE market seems to have mostly stabilized for LDPE and LLDPE as the second half of July has kicked off, although HDPE remains under pressure from slack buying interest...
19-07-2019

Firming PP trend falters in China’s local market
by Merve Sezgün
Following an upturn of almost one month triggered by futures prices, China’s local PP market has turned to a stable to soft note recently. The sentiment faltered upon lower future prices as well as the fluctuations of crude oil...
18-07-2019

European players question if bottom is near for PE
by Manolya Tufan
In Europe, players’ focus has already shifted towards August after July PE deals were mostly agreed with declines in line with the ethylene drop. They discuss if prices are nearing the bottom following sharp PE drops or not amid opposite pressures from stronger crude and naphtha prices and weak fundamentals...
17-07-2019

Asian ABS players turn cautious after recent rally
by Başak Ceylan
Import ABS markets in China and Southeast Asia ended last week with additional increases, supported by strong upstream styrene costs and lower stocks. However, the tide seems to be turning as players have turned cautious in view of the weak state of demand and the recent plunge in ACN costs...
16-07-2019

July PVC dealt lower in Europe, what lies ahead for August?
by Manolya Tufan
In Europe, PVC suppliers largely conceded to the 50% of the ethylene drop due to comfortable supplies and weak demand despite their initial efforts to keep the monthly drop smaller. This is the second month in a row PVC prices decreased since January, as ChemOrbis Price Index suggests a cumulative drop of 7% on average in Italy...
15-07-2019