Polymers Market : Plastics News and Resin Prices
Turkish players take a cautious approach as PVC firms up after two months by Merve Madakbaşı
PVC prices turned north in November following steady drops in the previous two months. A cautious upturn in Asian outlets and reduced availability for US and European shipments underpinned sellers' firmer stance. In the meantime, players remained skeptical about the sustainability of the recent firming in Türkiye due to the foggy demand outlook in derivative segments... 10-11-2023
SE Asian players: Import PP, PE prices head for $900 CIF and below by Merve Sezgün
Polyolefin markets in Southeast Asia have been weakening since mid-September, with the slump deepening in the past one month. Regional demand remains anemic, with downstream factory production continuing at reduced levels. Inventories have accumulated due to a slowdown in consumption. Producers are also facing added pressure to clear inventories as the year-end approaches... 09-11-2023
Bearish sentiment continues to permeate India’s PP, PE markets ahead of Diwali by Shibu Itty Kuttickal
Bearishness continues to rule the Indian PE and PP markets as the country heads towards the Diwali holidays early next week. Demand remains persistently weak amid ample availability within the country and at its import sources... 08-11-2023
Downward pressure persists in China’s PE markets by Thi Huong Nguyen
PE market in China has steadily moved south for a month, with prices hitting the lowest levels since late July/August. Although rising futures prices over the past two weeks and the latest increase in ethylene feedstock costs have somewhat underpinned sentiment lately, PE situation has remained gloomy on the back of a slowdown in demand and a lack of supply concerns... 07-11-2023
Styrenics markets open November on a bearish note in Italy and West Europe by Manolya Tufan
Regional PS and ABS markets have reversed direction after two to three months of increases as November kicked off, mainly driven by lower costs. Initial offers started to emerge below October levels, while the sentiment remained clearly downbeat for the rest of the year amid weak market fundamentals across the region and globe... 06-11-2023
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.
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