Polymers Market : Plastics News and Resin Prices

Rising energy and feedstock prices prompt further gains in Asia PET markets
by Pınar Polat
Having followed a stable to softer trend since the second half of June, PET bottle offers in Asia have reversed course for the past two weeks. The recent firming is mainly driven by the bullish oil markets and accordingly firmer raw materials...
26-11-2020

Upward trend gains momentum in China's import PP, PE markets
by Pınar Polat
In China, PP and PE prices, particularly for the homo-PP and LDPE grades, have continued to firm up at a relatively faster pace compared to previous weeks. Healthy demand, availability issues and rising Dalian futures have remained as the main factors supporting the markets...
25-11-2020

Egypt’s import PVC market in short supply; local prices gear up
by Başak Ceylan
Import K67-68 offers in Egypt look set to end November on a firm note as a continued tightness in supplies is keeping the pricing direction pointed upwards. The domestic market has also been feeling much tighter for buyers looking to source large volumes of PVC domestically. And in view of this bullish environment, local producers are stepping up efforts to push through higher prices...
24-11-2020

December hints at further hikes in Europe’s PS, ABS markets
by Manolya Tufan
European PS and ABS players are bracing themselves for further increases in December, blaming rising spot styrene prices and more importantly supply constraints. A lack of Asian imports has exacerbated ABS tightness, while PS availability has failed to return back to normal levels following plant restarts...
23-11-2020

Global polymer markets face soaring freights amid pent-up demand
by Merve Madakbaşı
Cost of shipping goods has rallied worldwide and lent support to rising polymer markets across the board. The main driver behind surging freight rates is a lack of containers and vessels particularly in Asia...
20-11-2020