Polymers Market : Plastics News and Resin Prices

US and European PVC trade on par amid reduced export volumes in Turkey
by Merve Madakbaşı
Inadequate supplies have led to gradual price hikes in Turkey’s PVC market since the middle of December. Reduced export availability from two major suppliers, namely the US and Europe, triggered buying interest and reinforced the upturn in January...
24-01-2020

Will PP, PE and PVC extend gains into post-holiday period in Asia?
by Merve Sezgün
With polymer players in China and in most Southeast Asian countries exiting the market for the lengthy Lunar New Year holidays, expectations about the post-holiday period are being voiced during the final few trading days...
23-01-2020

Reduced supply sends Indonesia’s PE market to multi-month highs
by Pınar Polat
Both local and import PE prices in Indonesia have been steadily firming up for the past three weeks due to reduced supply triggered by lower production rates at home coupled with maintenance shutdowns overseas. However, the demand side has been mostly unresponsive to this uptrend amid the imminent start of the Lunar New Year holiday...
22-01-2020

Spot ethylene prices in Asia extend gains on tighter supply
by Başak Ceylan
Spot ethylene prices in Asia extended gains in the week ending on January 17 as Chinese buyers continued replenishing stocks ahead of the Lunar New Year. Also supporting the uptrend in Asia was the supply availability, which has tightened after several producers began cutting operation rates at their plants amid poor margins...
21-01-2020

Jan ABS deals see cost-driven hikes after 3 months of drops in Europe
by Manolya Tufan
In Europe, initial January ABS offers witnessed cost-driven increases following the third straight month of price drops. Although post-holiday demand has been below expectations, sellers mostly remained unwilling to step back much even for the sake of speeding up their sales...
20-01-2020