Polymers Market : Plastics News and Resin Prices

Indonesia’s polyolefin markets signal further weakness towards year-end
by Pınar Polat
In Indonesia, both local and import polyolefin markets have remained on the soft side recently considering concerns over mounting supply and persistently bearish demand. These factors are also anticipated to keep the market under downward pressure during the final weeks of the year...
11-12-2019

Asian styrenics rise cautiously as sellers wager on higher costs
by Başak Ceylan
After pulling in different directions, import PS pricing in Asia seems to have begun catching up with the rise in ABS offers. This week, early PS offers to the market showed signs of firming, with sellers wagering that buyers will start restocking ahead of the fast-approaching Lunar New Year. Another factor that influenced the sentiment was the steady rise in Asian spot styrene costs...
10-12-2019

Is 6-month downturn over in European PP markets?
by Manolya Tufan  and Esra Ersöz
December PP prices are emerging with rollovers to slight hikes in Europe after propylene contracts settled up €5/ton from November. Earlier, players had been projecting a mostly softer trend for the month, assuming that demand would not be strong...
09-12-2019

Polymer markets set to brace for higher freight rates
by Abdul Hadhi  and Merve Sezgün
As the new year approaches, freight rates has become a talking point among polymer players in Asia with ships having to reduce the sulfur level in gasoline starting from 2020, which will add to transport costs...
06-12-2019

Rising supply dents Jan PE outlook in Philippines as prices plunge to 11-year low
by Merve Sezgün
Data from ChemOrbis Price Index suggest that local HDPE and LLDPE film prices in the Philippines have plunged to their lowest levels not seen since November 2008 as the market has extended its losses into the last month of the year...
05-12-2019