Polymers, Plastics News and Resin Prices
PP, PE markets torn between firmer monomers and poor dynamics in Europe by Manolya Tufan
As the year draws to a close, regional PP and PE players are assessing whether suppliers can hinder the downturn that kicked off two months ago. Pricing dynamics are expected to be heavily influenced by slack demand, ample supply and heightened competition from imports, particularly from the US in the case of PE. However, some sources remain cautiously optimistic, suggesting that firmer monomer settlements could offer some support to prices... 07-11-2024
Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand by Thi Huong Nguyen
The PP and PE markets in China slipped into November with a stable-to-softer tone, wrapping up the peak “Golden September – Silver October” season. Yet, golden opportunities for polyolefin sellers to boost margins proved elusive, as price hikes came in fits and starts. While PE—particularly LDPE film—managed a steady climb, PP struggled to gain traction from the very start, finding little solid ground to stand on amid shifting market dynamics... 06-11-2024
India finally announces ADD on S-PVC imports: What’s in store for subject countries? by ChemOrbis Editorial Team
The long-awaited announcement of India’s anti-dumping duty (ADD) on suspension-grade polyvinyl chloride (S-PVC) imports has finally been made public. As the world’s largest PVC buyer, India's decision holds significant implications for global PVC markets, especially for the exporting countries involved. The new provisional duties aim to shield India’s domestic industry from a flood of low-priced imports that have been impacting local producers... 05-11-2024
Turkish PE players hunt for signs of a market bottom amid pending Nov offers by Merve Madakbaşı
With its healthy premium over Asia now gone, Türkiye's import PE market saw players searching for signs of a market bottom over the week. The market has been in flux amid the recent gains in shipping costs, poor netbacks that may repel global sellers, the potential year-end lull prior to the book closures and the foggy demand outlook. While Middle Eastern offers were yet to take shape, most projections called for minor price changes... 04-11-2024
Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce? by Elif Şahinduran
Proving speculations right about higher freight rates out of Asia that first kicked off early last week, global benchmarks have risen this week following continuous decreases since mid-July. Currently, the question is whether this increase will be sustained. Although some anticipate ex-China rates will climb higher due to increased buying activity around the year-end, higher blank sailings and November 1 rate hikes from shipping firms, others believe that the downward trend will persist... 01-11-2024
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.
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, natural gas, ethylene, propylene, VCM, EDC, styrene, benzene, MEG, paraxylene, PTA and butadiene.
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