Polymers, Plastics News and Resin Prices
China delays major PP, PE startups as expansion plans hit roadblocks by Merve Sezgün and Esra Ersöz
Data from ChemOrbis Production News Pro reveal that several major PP and PE projects in China, initially slated for launch in 2024, have been delayed to 2025 due to challenging market conditions. These delays underline the struggles of China's polyolefin markets, which continue to face chronic oversupply, sluggish demand growth, and poor margins... 06-01-2025
Stats: Türkiye’s total PP and PE imports down year-on-year in January-November by Merve Madakbaşı
Prolonged economic challenges, coupled with sluggish end consumption, have been reflected in Türkiye’s polyolefin imports, according to ChemOrbis Stats Wizard. During the first 11 months of the year, combined imports of homo-PP and PP copolymer totaled 2.2 million tons, marking a 4% decline compared to the same period in 2023. Total PE imports—including LDPE, LLDPE, and HDPE—dropped 5% year-over-year to 1.9 million tons... 03-01-2025
PP markets quiet in China; sellers pin hopes on pre-CNY demand by Thi Huong Nguyen
The final days of the year have brought little change to China’s PP markets. While most sellers maintained their offers, supported by manageable supply pressures, some made minor downward adjustments to encourage year-end sales in the face of weak demand. In the meantime, the ongoing depreciation of the yuan against the US dollar gave exporters room to adjust prices downward to attract buyers... 02-01-2025
China's PVC markets struggle with record lows as curtain falls on 2024 by Thi Huong Nguyen
In China, PVC markets are about to conclude another rough year, with prices continuously breaking fresh lows. Except for a short-lived rebound during the May-June period, PVC prices mainly followed a downward direction in the face of persistent weak supply-demand fundamentals. External factors such as India’s pending anti-dumping duties (ADDs) and elevated freight rates further weighed on exporters... 31-12-2024
Türkiye’s recycled markets see divergent expectations for January by Gözde İncir
Prices in Türkiye’s recycled markets continued to soften for another month in December. Prices are set to close Q4 on a weak tone as the year-end lull took hold of the market. Yet, the bear run lost steam this past month, with poor margins suggesting the markets were nearing the bottom. Although expectations diverge for both R-PP and R-PE, the R-PET markets have shown signs of stability. Currently, market participants have shifted their focus to January while handling their book closures and stocktaking... 30-12-2024
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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