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Polymers, Plastics News and Resin Prices

Price , Freight , China , USA

Panama Canal drought adds more strain on supply chains; is it here to stay in 2024?
by Esra Ersöz
The supply chain has been facing disruptions for some time. On top of the recent attacks in the Red Sea, which resulted in shipping companies halting or rerouting their vessels, an unprecedented drought and ensuing shipment delays in the Panama Canal also added to the recent concerns...

Price , Türkiye , PVC , SPVC

Türkiye PVC 2024 outlook: Will clouds scatter for derivative markets?
by Merve Madakbaşı
Ebbing downstream demand has given a tough ride to PVC players for most of 2023. An uncertain economic climate took center stage and previous expectations of a demand boom in the aftermath of the twin earthquakes that struck Türkiye in February failed to materialize. Converters endured stagnant consumption both at home and in export destinations, while resin sellers suffered thin margins...

Freight , Northwest Europe , SEA & India , Africa , Price , China , Middle East , Türkiye , PE , PP , Italy

Deepening Red Sea bottleneck rattles markets; how does it reflect on polymers?
by Esra Ersöz
It was around mid-December when the security concerns first broke out upon the attacks on commercial vessels in the southern Red Sea. Throughout last week, right before the Christmas holidays, the crisis deepened, sending a jolt of alarm across the globe about supply chain disruptions. Surging freight rates for container shipments have ensued, which also buoyed the sentiment in polymer markets and encouraged sellers to seek price hikes...

Kenya , HDPE , Africa , Price , PE , Nigeria , Tunisia , PP Copolymer , Algeria , LLDPE , LDPE , PP Homo , Morocco , PP

African PP, PE markets buckled under economic challenges in 2023; 2024 will be another uphill battle
by Nada Samir  and Esra Ersöz
African polyolefin prices are ending 2023 on a weak note. Disregarding two short periods of an uptrend, PP and PE markets mostly followed a bearish run during 2023. Demand was under constant pressure from persistent inflation woes and mounting currency challenges across the continent. Current import prices are largely standing at their 3-year lows, suggests ChemOrbis Price Index. What will 2024 unfold?...

PP Copolymer , HDPE , LLDPE , LDPE , Price , Türkiye , PE , PP Homo , PP

Türkiye PP, PE 2024 outlook: Macroeconomic recovery to remain pivotal
by Merve Madakbaşı
Polyolefin markets are about to end the year 2023 with a firmer sentiment on the back of arising supply concerns. Although PP and PE prices started December on a weak note, with most players focusing on their book closures instead of fresh engagements, the Red Sea turmoil has changed the scene very recently. Now, already-low netbacks in Türkiye, coupled with the recent logistic hurdles, point to a different story for early 2024...

More Free Information on Plastics Industry: Glossary Production Flowcharts
More Free Information on Plastics Industry: Glossary | Production Flowcharts
About ChemOrbis Free Plastics News

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.

To track the most updated plastic resin prices, please visit ChemOrbis Resin Prices page.

Serving 70,000+ companies and 100,000+ business professionals since 2001, ChemOrbis enables plastics industry buyers, sellers and producers make winning buy/sell decisions and connections. ChemOrbis' services are designed to deliver its promises under highly volatile market conditions. ChemOrbis Market Information and Analysis Tools provide you with all the information required to understand the prevailing market conditions and anticipate short term expectations.

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