Polymers Market : Plastics News and Resin Prices

SE Asia’s import homo-PP market sinks to 3-and-a-half year low
by Merve Sezgün
Import homo-PP prices in Southeast Asia have sunk to their lowest levels since May 2016 following six consecutive weeks of price reductions, according to weekly average data obtained from ChemOrbis Price Index...
14-11-2019

PVC market in China suffers larger declines than in India
by Pınar Polat  and Esra Ersöz
A major Taiwanese producer’s decision to cut its December PVC offers to Asia by $10/ton when compared to November was in line with players’ initial expectations...
13-11-2019

African PE markets hit historical lows on greater competition from US supply
by Başak Ceylan
Several key PE markets in Africa have reached multi-year lows or even historical lows in November so far. After failing to find a common ground in pricing in October, suppliers seemed to have conceded to the mounting pressure from slow demand this month. According to traders, another driver behind the decreases was an influx of competitively-priced US cargoes...
12-11-2019

Italy’s PVC market takes a downward turn in Nov following ethylene
by Manolya Tufan
In Italy, the PVC market resumed softening after November offers were revealed with decreases of €15/ton following ethylene drop. Some suppliers reported smaller drops to compensate their earlier losses while several sources reported that there was little incentive to hold prices steady due to unsupportive supply-demand dynamics...
11-11-2019

Turkey’s import PP market hovers around 3-year low as activity stays depressed
by Merve Madakbaşı
Waning demand in Turkey has exerted a visible pressure on PP sellers moving into the final months of the year, leading to renewed price cuts. November has been the seventh successive month that the bearish run persisted, disregarding short-lived hike attempts back in early October on the Aramco-driven oil spike...
08-11-2019