Polymers Market : Plastics News and Resin Prices
Vietnam’s polymer markets buckle under an influx of Chinese cargoes by Merve Sezgün
The polymer markets in Vietnam have been under heavy pressure due to a flood of PP, PE, PVC, PET and PS cargoes offered from China at competitive levels. A lack of a meaningful recovery in domestic demand has led to Chinese polymer suppliers to direct their cargoes to export markets, particularly to Vietnam as the closest outlet... 26-05-2023
Divergence grows between Egypt’s import and local PP, PE markets by Nada Samir
In Egypt, major Middle Eastern producers rolled over PE and PP offers for May while foreign exchange shortage and restrained imports continued to buoy local prices despite lackluster demand. ChemOrbis Price Index suggests new all-time highs for local PP and PE markets in Egypt... 25-05-2023
PP markets in China, Vietnam hit 3-year lows, readying to test new lows by Esra Ersöz
The PP price rout, that has been in place since February across Asia, has deepened recently with the weekly averages of ChemOrbis Price Index hitting their lowest for the past three years both for China’s local and import markets. Exports from China have also weighed further down on Southeast Asia recently, pulling Vietnam’s import PPH market down to its 3-year lows... 24-05-2023
African PE, PP markets extend slide into May by Nada Samir
In Africa, PP and PE markets saw lower offers from the Middle Eastern supplies for May, marking the second consecutive month of price cuts. The recent decreases came amid weakened market activities and demand, following rising inflation and recession woes hitting the region... 23-05-2023
Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply by Shibu Itty Kuttickal
PS and ABS markets in Asia have fallen to the lowest levels in two and a half to three years, hit by a triple whammy of sluggish demand, burgeoning supplies, and sliding feedstock costs. Players expect the bearishness to continue in the near term... 22-05-2023
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, 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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