Polymers Market : Plastics News and Resin Prices

Turkey shattered as PP prices shoot up to surreal levels
by Merve Madakbaşı
PP prices have rallied unprecedentedly in the last two weeks, appalling many players in Turkey. Steep increases coupled with robust demand in Europe and America lighted the touch paper while a wave of production issues exacerbated the severity scale of the run-up...
19-02-2021

Polymer markets face one of most chaotic times
by Merve Sezgün
Global polymer markets have been grappling with a dearth of supply since early Q4. Planned and unplanned shutdowns coupled with a deepening shipping crisis in the aftermath of an unexpected surge in demand have contributed to rapid price hikes in major regions. Prices for PP, PE, and PVC have more than doubled from the middle of last year...
18-02-2021

Turnaround season set to get underway in Asia
by Pınar Polat
A turnaround season in the Asian PVC market is set to kick off towards late February, mostly lasting until late April. As for PP and PE, a series of shutdowns are also ahead, which will disrupt supplies during the same period...
17-02-2021

Crude oil heals COVID-inflicted wounds; now what lies ahead?
by Başak Ceylan
The demand collapse that ensued the COVID-19 pandemic left the global oil markets face-to-face with an unparalleled volatility in 2020. As the pandemic upended all expectations, WTI futures plunged into negative territory for the first time in April 2020...
16-02-2021

Global shipping turmoil deepens, adding to the upheaval in plastic resins
by Manolya Tufan  and Esra Ersöz
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the pandemic...
15-02-2021