Polymers Market : Plastics News and Resin Prices

Spot ethylene markets rally on diminishing supply in Asia, Europe
by Pınar Polat
After witnessing steady losses since late January, both Asian and European spot ethylene markets have been on a rally recently owing to reduced supply amid planned and unplanned shutdowns across the regions...
26-05-2020

Will European PP markets change direction after 3 months?
by Manolya Tufan
In Europe, June PP expectations have emerged stable to slightly firmer following the bearish rally that had been in place for the past three months. PP suppliers aim to approach the market with increases citing a potential hike in June monomer settlements. Whether hike attempts will be absorbed is under discussion amid weak demand outlook...
25-05-2020

Turkish PP, PE players leaving market for holiday with firm post-Eid expectations
by Merve Madakbaşı
Muslim countries are readying to celebrate Eid al-Fitr holiday on May 24-26. Before leaving their desks, Turkish players voiced their post-holiday projections on a strong note based on supportive cost, supply and demand dynamics...
22-05-2020

June PVC hikes exceed expectations in Asia, sustainability under discussion
by Merve Sezgün
In Asian PVC markets, offers for June have been announced with hikes that exceeded players’ expectations of $10-20/ton. After a major Taiwanese producer pioneered a $40/ton hike, other regional producers followed suit and approached the markets with similar price increases for June...
21-05-2020

Import PS, ABS markets recover amid upstream gains in Egypt
by Başak Ceylan
The import PS and ABS markets of Egypt were in a downward spiral since early February. However, a recovery in energy and upstream prices as well as improved demand in Asian markets have helped push up import styrenics prices in recent weeks. As of May 20, import PS and ABS prices have climbed to levels not seen since early to mid-April...
20-05-2020