Polymers Market : Plastics News and Resin Prices
China PP price uptrend intact after holidays despite local supply pressure by Pınar Polat
(Correction in China’s domestic inventory levels in the second paragraph to 860,00 tons from 930,000 tons)... 02-02-2023
Saudi PP, PE markets reverse course in Feb after 8 months, maintenance schedule busy in Mid-East by Başak Ceylan and Esra Ersöz
Saudi producers started announcing their February PP and PE offers to their local markets, which suggest increases for the first time since May 2022, although the slump slowed down in the last quarter. Expectations remained firm and several players forecast increases similar in size to what have so far been announced in Saudi Arabia and Jordan... 01-02-2023
Freight carriers aim to manage supply-demand balance by blanking more sailings by Başak Ceylan
Spot freight rates on the transpacific route made a slow start to 2023, with rates across major East-West trades logging small week-on-week reductions. Ocean freight rates ex-Asia were assessed also largely lower last week while carriers moved on to blank more sailings over the Chinese New Year Holiday... 31-01-2023
PP and PE markets set to rebound from two-year lows in Europe by Manolya Tufan
Firmer expectations have come to the forefront in Europe’s PP and PE markets following a 2-month long downtrend. Regional suppliers intend to issue hikes in February, pointing to higher monomer expectations, supply cutbacks as well as firming in other global markets. This has already led to a shift in the market sentiment, spurring demand for resins... 30-01-2023
PET sellers hunt for signs of market bottom in Europe by Merve Madakbaşı
Europe’s local PET bottle markets have seen players talking about the bottom this week following up to €90/ton drops on January deals. Although demand remained unresponsive to the recent talks about a stabilization and uncertainties about the costs’ side lingered, the rising import offers drove a cautious optimism on the part of sellers... 27-01-2023
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.
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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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