Polymers Market : Plastics News and Resin Prices

Spot C3 prices in Europe and Asia fall to new lows as supply lengthens
by Başak Ceylan
Spot propylene prices in Asia continued the downward trend that began in the second quarter and fell to multi-year lows last week. The situation in the European market was similar. Prices moved further down to the levels not seen since 2017, mostly as a result of the imbalance between supply and demand...
19-11-2019

European PE prices at a decade low, eroding demand for recycled grades
by Manolya Tufan  and Esra Ersöz
With PE prices at 10-year lows, buyers in the recycling sector are pointing to the gap between virgin and recycled materials that has been narrower than usual during the most of 2019. The ongoing bearishness in virgin PE markets continues to weigh on demand for recycled grades as both products are currently priced virtually the same in some cases...
18-11-2019

US HDPE, LLDPE fall below $800 in Turkey; does further weakness lurk ahead?
by Merve Madakbaşı  and Esra Ersöz
American PE prices have broken below new thresholds in Turkey. This was not caught by surprise considering the year-end lull in global markets, the lingering trade dispute between the US and China as well as large PE capacities in both countries...
15-11-2019

SE Asia’s import homo-PP market sinks to 3-and-a-half year low
by Merve Sezgün
Import homo-PP prices in Southeast Asia have sunk to their lowest levels since May 2016 following six consecutive weeks of price reductions, according to weekly average data obtained from ChemOrbis Price Index...
14-11-2019

PVC market in China suffers larger declines than in India
by Pınar Polat  and Esra Ersöz
A major Taiwanese producer’s decision to cut its December PVC offers to Asia by $10/ton when compared to November was in line with players’ initial expectations...
13-11-2019