Polymers Market : Plastics News and Resin Prices

Vietnam PP prices propelled by bullish China market, improved demand outlook
by Pınar Polat
In Vietnam, import PP prices have been rising for the past two weeks after a month-long stability. This has been in line with the bullishness in the China PP market amid the country’s energy cuts...
01-10-2021

Asian PVC markets shaken by fresh round of sharp hikes; prices reach new highs
by Merve Sezgün
The PVC rally in Asia has once again gained momentum as China’s reduced output amid energy curbs has fueled the bullish price run. Imports to both India and Southeast Asia have turned extremely difficult from supplier countries in Northeast Asia because of the acute container crunch, meanwhile...
30-09-2021

Higher costs, rising demand carry import LDPE prices to a 5-month high in China
by Pınar Polat
According to ChemOrbis Price Index, the weekly average of LDPE prices on CIF China basis has recently reached the highest levels since late April at $1480/ton. During the uptrend that kicked off around 4 months ago, prices have witnessed a cumulative gain of $290/ton or 24%, meanwhile...
29-09-2021

SE Asian PP lifted by supportive supply-demand fundamentals
by Shibu Itty Kuttickal
The PP markets in Southeast Asia are on the mend as suppliers have adopted a firmer stance on their prices amid higher costs, tighter availability as a result of scarce import arrivals, and most importantly, signs of a demand recovery...
28-09-2021

European PVC loses premium over global markets; Oct calls for hikes
by Manolya Tufan
European PVC markets lagged behind the firming in other major markets, some of which have broken their previous peaks amid acute tightness. Even though prices hit fresh highs, Europe’s premium over global markets has either evaporated or narrowed due to more abrupt gains elsewhere...
27-09-2021