Polymers, Plastics News and Resin Prices
China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge by Merve Sezgün
As 2024 draws to a close, major PE markets across Asia continue to face significant challenges driven by weak demand, a sluggish global economy, and persistent oversupply. This year has been particularly harsh for petrochemical producers, who have endured shrinking margins despite scaling back run rates or extending plant shutdowns... 17-12-2024
Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil by Elif Şahinduran and Esra Ersöz
Global freight rates have faced tumultuous shifts throughout 2024. Although rates peaked in mid-July, they remained 132% above the previous year’s pre-Red Sea crisis levels as of late December. As 2025 approaches, the looming US port strike on January 15 coupled with Trump’s reelection and highly possible shift in trade flows amidst barriers and extra tariffs offers too many unknowns for another year ahead for freight rates in mainstream routes... 16-12-2024
Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year by Merve Madakbaşı
Polyolefin markets have struggled to see significant price increases this year, apart from the first quarter, which was buoyed by a surge in freight rates driven by Middle East tensions and active derivatives demand. From the second quarter onward, prices lacked strong momentum due to waning demand for end products that fell short of seasonal expectations amid economic challenges. The second half of 2024 started under the influence of declining freight rates. However, a recent recovery in shipping costs has not prevented the typical year-end slowdown in Türkiye... 13-12-2024
Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets by Manolya Tufan
Leaving behind a difficult year, the European PVC market enters 2025 facing a persistent supply-demand imbalance that continues to hinder any immediate price recovery. Multiple interest rate cuts to curb inflation and the war in Ukraine remained a significant drag on the EU economy, weighing on consumer spending and keeping supplies ample despite supply management efforts. The situation is further complicated by trade barriers, including the impact of antidumping duties, which could shift trade flows and alter market dynamics... 12-12-2024
India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness by Shibu Itty Kuttickal
Import prices of polyolefins have fallen in India ahead of the year-end amid lackluster demand for end-products and a perception of ample availability in the country. Suppliers, in the middle of paring down excess inventories to hold more cash before closing their books for the year, have offered discounted prices for large buyers but deals have been few and far between. Despite these bearish conditions, traders remain optimistic about a market recovery in early 2025... 11-12-2024
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:
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Middle East & Africa : Türkiye, Egypt, Saudi Arabia, GCC, Iran, North Africa, East Africa, West Africa and South Africa
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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),
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