Plastics News and Polymer Prices

PET markets hit two-year low in China, SEA
by Merve Madakbaşı
Not only the lower PX and PTA prices but also the intensifying trade war between China and the US dragged down regional PET markets during H1 August...
14-08-2019

Naphtha hits lowest of 2 years in Europe, 8 months in Asia; eyes on oil
by Esra Ersöz
Spot naphtha prices have been falling since early July both in Asia and Europe with cumulative losses reaching 15-16%. The recent levels suggest the lowest levels of 2 years in Europe and 8 months in Asia, according to the weekly average of ChemOrbis Price Index...
13-08-2019

Downturn halts in Europe’s PP, PE and PVC markets ahead of holidays
by Manolya Tufan
In Europe, PP, PE and PVC markets started August on a stable to firmer note ahead of the imminent summer holidays after the decreasing trend mostly came to a halt. This defied earlier expectations that do not exclude possibility of seeing decreases in line with the seasonal slowdown in regional markets...
12-08-2019

Turkish PP, PE markets enter Eid holidays on weak note
by Merve Madakbaşı
Muslim countries are readying to celebrate Eid al-Adha soon while Turkey’s polyolefin markets have displayed weak pricing trends during the last week before the long holidays. The main factors that weighed on the atmosphere included mild demand, shrinking oil markets and a weakening in China in response to intensifying trade tensions with the US...
09-08-2019

Asia’s September PVC outlook takes shape amid dwindling supplies
by Merve Sezgün
While players in Asia’s PVC markets have wrapped up their August business with decreases of $30/ton, the September outlook begins to take shape in the midst of tighter supplies, currency devaluations and a few other factors that may play a role in the decision-making process of suppliers...
08-08-2019