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Polymers, Plastics News and Resin Prices

Import/Export Statistics , HDPE , USA , LLDPE , LDPE , Price , China , PE

Stats: China’s 2023 PE imports snap two-year downfall despite rapidly growing domestic capacities
by Elif Sevde Yalçın  and Esra Ersöz
China’s yearly PE imports posted a marginal increase of 1% despite more than 5 million tons of domestic production capacity added throughout 2023. This minimal increase is still eye-catching as there was a significant yearly decrease of 20% in 2021 and 7% in 2022. In the meantime, all prevailing import suppliers lost market share except for the US, which ramped up sales to China by more than double...
19-02-2024


Price , Türkiye , PE , HDPE , LLDPE , LDPE

PE rally loses momentum on subsiding demand in Türkiye
by Merve Madakbaşı
Polyethylene prices have been on a bullish note since late December last year due to severe supply chain disruptions across the board. Import prices have reached their highest levels in a year as longer transit times and soaring shipping costs stemming from the Red Sea crisis triggered a series of notable hikes. Needless to say, panic buying coupled with low prompt stocks played a key role in the bull run...
16-02-2024


Price , Europe , Northwest Europe , PVC , Italy

PVC prices flat for 2nd straight month in Italy and West Europe
by Manolya Tufan
In Europe, PVC markets remained unresponsive to the logistics disruptions and soaring freight rates amid the Red Sea turmoil, indicating stability for the second straight month in February. Pricing policies were stable as mediocre demand counterbalanced supply chain disruptions, leaving no room for margin recovery despite earlier plans...
15-02-2024


Europe , Freight , SEA & India , Africa , Asia Pacific , Price , China , Middle East , America

Freight rates snap rally, Red Sea crisis keeps decreases in check
by Ayşe Vildan Cansız  and Esra Ersöz
Global ocean freight rates have corrected down for the past two weeks, after going through the roof in January . This is because demand has notably slowed down due to Chinese Lunar Year holidays and shipping companies started to add vessels and optimize their operations in accordance with the current shipment conditions in the Red Sea...
14-02-2024


Price , PE , PP , Egypt

Worsening dollar shortage pushes Egypt’s local PP, PE prices to never-before-seen highs
by Nada Samir
Local polyolefin prices in Egypt have been on an intact upward trajectory since late December. The deepening foreign exchange crisis as well as restrained imports continued to buoy local prices despite below-average demand. ChemOrbis Price Index suggests new all-time highs for local PP and PE markets in Egypt...
13-02-2024


More Free Information on Plastics Industry: Glossary Production Flowcharts
More Free Information on Plastics Industry: Glossary | Production Flowcharts
About ChemOrbis Free Plastics News

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.

Free Plastics News section includes the news for the following markets:

Asia Pacific & India : China, South Korea, Japan, Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, India

Middle East & Africa : Türkiye, Egypt, Saudi Arabia, GCC, Iran, North Africa, East Africa, West Africa and South Africa

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, natural gas, ethylene, propylene, VCM, EDC, styrene, benzene, MEG, paraxylene, PTA and butadiene.

To track the most updated plastic resin prices, please visit ChemOrbis Resin Prices page.

Serving 70,000+ companies and 100,000+ business professionals since 2001, ChemOrbis enables plastics industry buyers, sellers and producers make winning buy/sell decisions and connections. ChemOrbis' services are designed to deliver its promises under highly volatile market conditions. ChemOrbis Market Information and Analysis Tools provide you with all the information required to understand the prevailing market conditions and anticipate short term expectations.

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