Plastics News and Polymer Prices

European PET extends bearish trend into 3rd consecutive month
by Merve Madakbaşı
In Europe, June PET offers were revealed with renewed declines under the ongoing pressure from lower production costs and mild demand across the region...
10-06-2019

European PS, ABS markets down after 4 months
by Manolya Tufan
In Europe, two major producers pioneered decreases in the PS and ABS markets following €143/ton lower June styrene contracts. Decreases came after prices hit multi-month highs during May...
07-06-2019

Thai PP, PE markets subdued by slowing economy, competitive imports
by Merve Sezgün
In Thailand, demand for PP and PE has been considerably affected by unstable economic sentiments and political uncertainty over the past couple of months. The local polyolefin markets have tracked a mostly stable to slightly softer trend since early 2019 in the face of persistently limited buying interest...
06-06-2019

Vietnam’s PE market extends losses into June on frail demand
by Pınar Polat
In Vietnam, both local and import PE prices have witnessed additional losses since early this week mainly due to sluggish demand in the midst of the prolonged trade tensions between China and the US...
05-06-2019

Asian spot naphtha prices pull back from multi-month highs
by Başak Ceylan
The spot naphtha market in Asia has retreated to the levels not seen since February this year, weighed down by the persistent losses in crude oil futures and high inventories. The recent losses have brought the spot prices at around $500/bbl...
04-06-2019