Polymers Market : Plastics News and Resin Prices

China import PE prices extend losses into April on lower costs
by Pınar Polat
In China, the downtrend in the import PE market has remained intact for the third consecutive week although supply from overseas markets has been limited...
07-04-2021

Bullish price environment continues in Egypt’s PP, PE markets
by Başak Ceylan
Initial import PP and PE offers emerged last week in Egypt, with a major Saudi supplier taking the lead in announcing a price hike for April. Several Middle Eastern suppliers followed in hiking offers for April while a competitive landscape appeared for PP, with an increasing number of offers for Asian materials...
06-04-2021

Unexpected plant shutdown fails to cease local PP downturn in Indonesia
by Merve Sezgün
Local homo-PP prices in Indonesia witnessed further drops last week since sentiment was unaffected by Polytama’s unexpected plant shutdown on March 29. Despite the supply disruption from one of the domestic plants, local prices remained on a soft note for the second consecutive week amid muted demand...
05-04-2021

Export PVC prices out of China provide competitive edge
by Merve Madakbaşı
An increasing number of export PVC offers from China have found their way to Southeast Asia, India, Turkey, and Egypt recently. This was a reflection of the weak trend observed in China’s domestic markets over the past two weeks. Slow demand and falling Dalian futures weighed down on local prices in China, unlike the firm scene for imports...
02-04-2021

European PP, PE set for 6th bullish month, is peak near?
by Manolya Tufan
European PP and PE markets have been gradually firming up since November 2020 and have been trading at all-time highs since around early March. April hints at further firming amid ongoing shortage and higher monomer settlements. However, demand is cautious amid expectations about a nearing peak...
01-04-2021