Plastics News and Polymer Prices

Sentiment firms in spot styrene markets on heels of shutdowns
by Başak Ceylan
Spot styrene prices in major markets have mostly followed the direction of naphtha and crude oil prices, which have been climbing steadily since the end of December. Further adding to the firm sentiment has been the expectation that supply will be tighter due to approaching maintenance shutdowns...
Tue Feb 19 12:00:00 EET 2019

March PVC outlook under discussion in Europe
by Manolya Tufan
February has become a month of rollovers in most cases despite the pressure from comfortable supplies and muted demand. Players are now discussing whether an upturn is possible in March based on a series of firm indicators while others still see a rebound early...
Mon Feb 18 12:00:00 EET 2019

Asian ethylene sustains rally, moves back above LDPE, LLDPE in China, SEA
by Merve Madakbaşı
Ethylene prices have hit a 4-month high on CFR Far East Asia basis this week upon steadily rising since mid-January, the weekly average data from ChemOrbis Price Wizard suggested. This pushed spot ethylene back above LDPE and LLDPE prices in China and Southeast Asia after around 3 months...
Fri Feb 15 12:00:00 EET 2019

Is uptrend delayed to March in European PET market?
by Manolya Tufan
In Europe, spot PET prices were mostly rolled over or small hikes of around €10-20/ton were sought this month after hitting a 10-month-low in January. The lack of major supply concerns and regular demand mostly curbed hike attempts across the region despite a few higher deals...
Thu Feb 14 12:00:00 EET 2019

Spot propylene moves back down in Europe, US; what lies ahead for Asia?
by Pınar Polat
Spending the second half of 2018 mostly on a bearish trend, spot propylene prices in Europe and the US turned up in mid-November and December and pared some losses. However, they have softened again in the past two weeks while the Asian market has remained steady within the same period...
Wed Feb 13 12:00:00 EET 2019