Polymers, Plastics News and Resin Prices
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
Different pricing policies emerge in Europe’s PS, ABS markets in Dec by Adriana Camacho
After the stable to slightly firmer trend seen in November, styrenics markets are seeing small up and down variations in December. Regional producers, indeed, announced divergent pricing policies after the styrene contract was agreed €7/ton lower following the €49/ton decline in benzene contracts. As for ABS, the butadiene contract settled €50/ton down, while the ACN settlement indicated a tiny increase, leading to a small drop in raw materials... 10-12-2024
Bearishness persists across China, SEA import PE markets as year-end nears by Thi Huong Nguyen
In China and Southeast Asia, import PE markets have been on a month-long downtrend, weighed down by sluggish demand that overshadowed supportive costs. While some buyers showed lukewarm interest in early Lunar New Year preparations, a seasonal lull continued to dampen PE market sentiment in China. Meanwhile, Southeast Asian converters have halted restocking, opting to maintain cash flow ahead of the year-end... 09-12-2024
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.
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