Polymers Market : Plastics News and Resin Prices

European PE opens post-holiday period on firm note, buyers stay cautious
by Merve Madakbaşı
PE players in Europe have just started to return from holidays while they came upon a turbulent market on a global scale. A geopolitical tension in the Middle East led a short-lived spike in global oil prices earlier this week, while initial PE offers disregarded stable monomer contracts...
10-01-2020

PP, PE sellers lift offers to Vietnam despite pre-holiday lull
by Merve Sezgün
Vietnam’s PP and PE markets have witnessed price hikes this week as slightly reduced supplies have generated renewed confidence among sellers. The fulfillment of these hikes, however, were questioned by some players who highlighted the lack of support from the demand side amid the approaching Lunar New Year holiday...
09-01-2020

Asian PVC markets hit 3-month high, led by Taiwanese major’s Feb pricing
by Abdul Hadhi  and Pınar Polat
A major Taiwanese producer’s February prices to Asian PVC markets indicated a new round of increases. This was in line with players’ initial expectations driven by improving demand in India, the ongoing tightness across the region and the recent surge in crude oil futures...
08-01-2020

Egypt’s PP, PE markets edge higher after a year of weakness
by Başak Ceylan
Following a year of disappointing performances, Egypt’s PP and PE markets seem to have started to gather momentum, with early price discussions for January indicating a steady-to-firm trend. Although not up to the level of former years, several market players reported a mild improvement in demand with 2020 safely under way...
07-01-2020

Will Asian ABS resume firming amid higher crude, Chinese New Year?
by Manolya Tufan
Import ABS prices in China and Southeast Asia have been stable for the past two weeks after rebounding from their multi-year lows. Players are now discussing the ABS outlook amid the opposite pressures from strong oil markets and approaching Chinese New Year holidays that have already restrained downstream buying appetite...
06-01-2020