Polymers Market : Plastics News and Resin Prices

Turkish PP and PE players voice bearish expectations for May
by Merve Madakbaşı
Import polyolefin prices witnessed pull-backs during April as stagnant demand pervaded the Turkish markets. Resistance toward multi-year high prices became more evident once the holy month of Ramadan started. Recently, May expectations have also taken a shape under the pressure of weak factors...
23-04-2021

China’s local homo-PP prices slide below imports
by Shibu Itty Kuttickal  and Merve Sezgün
ChemOrbis Price Index data reflect the recent weakness of China’s local homo-PP market in comparison to imports. The country’s domestic homo-PP market has slid below and continued to diverge from import prices since the fourth week of March...
22-04-2021

Irregular PE origins emerge at competitive prices in Europe
by Manolya Tufan
Having wrapped up April deals with massive hikes, players have noticed an increased number of irregular PE origins showing up in Europe, where prices provide record-high netbacks...
21-04-2021

Mid-Eastern sellers backpedal in Africa on competitive PP, PE offers from Asia
by Başak Ceylan
In African polyolefin markets, the Middle Eastern suppliers’ determination to hike April prices sharply has been challenged as a growing resistance from buyers and competitively-priced Asian cargoes continue to pressure the markets downwards...
20-04-2021

European PVC set to extend longest rising streak into May
by Manolya Tufan
European PVC did not take a break from the longest-ever rising streak as April deals were closed with hikes of up to €170/ton amid tighter supplies. Players expect the uptrend to extend into May, which would mark the 12th straight month of hikes...
19-04-2021