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Plastics News and Polymer Prices

PTA , Price , China , PET , SEA & India , Paraxylene

Asian PET markets drift higher after explosion at Formosa’s plant
by Pınar Polat
The explosion that occurred at Formosa Plastics Corp.’s facility in Mailao, Taiwan has found an immediate reflection on Asian PET markets as spot PX prices and PTA futures have firmed up after the incident...

PP Copolymer , Price , China , PP Homo , PP , Production News

Will turnarounds eliminate oversupply in China’s local PP market?
by Başak Ceylan
Chinese PP market is expected to go through a busy maintenance schedule during the second quarter of 2019, which is likely to counterbalance the existing oversupply situation in the midst of other bullish factors...

ABS , Butadiene , Europe , Northwest Europe , Styrene , Price , Italy

European ABS faces large hikes on heels of costs
by Manolya Tufan
In Europe, the ABS market witnessed sharp hikes on the back of stronger feedstock costs. However, players are discussing to what extent these increases can be absorbed, taking weak demand and ample supplies into account...

Price , Turkey , USA , PVC , Egypt , SPVC

Downturn for American PVC gains momentum in Med markets
by Merve Madakbaşı
US PVC opened April on a sustained downward note in response to tepid buying appetite from export destinations particularly in Mediterranean markets including Turkey and Egypt. The softening already kicked off in March across the board as waning demand has outweighed supply disruptions...

Price , China , India , SEA & India , Taiwan , PVC

PVC expectations for May begin to take shape in Asia
by Merve Sezgün
PVC players in Asia have started to voice their expectations regarding a major Taiwanese producer’s May pricing in the midst of gradually improving sentiment and surging crude oil futures. Wide expectations hint at rollovers while some players still believe in the possibility of seeing some further price cuts...

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