Polymers, Plastics News and Resin Prices

China’s PE, PP new capacity wave gathers pace across Q1 and April, coinciding with tariff turmoil by Merve Sezgün
Despite sluggish global demand, persistent oversupply, and rising trade tensions, China continues to ramp up its PP and PE capacities. The first quarter of 2025 and April have already seen a wave of plant start-ups, reflecting the country's long-term strategy to boost petrochemical self-sufficiency, even in the face of ongoing market challenges. However, as the US-China trade war intensifies, questions loom over how these new tariffs will affect China’s ability to maintain its aggressive expansion plans... 08-04-2025

Revised: US tariffs exempt key petchems; can PE exports survive the retaliation? by Esra Ersöz
Certain grades of PE, PP, and PET are among the list of exemptions for reciprocal tariffs. Considering the net-exporter status of the US in PE, the US government seems to be aiming to avoid retaliatory tariffs, while it is yet to be seen whether partner countries will accept this move - apparently China won’t - as broader tariffs on other goods will still disrupt trade flows, increase production costs for downstream industries, and strain global supply chains... 07-04-2025

China’s export PVC prices edge up from 17-year lows; imports pressured by low US offers by Thi Huong Nguyen
In China's PVC markets, sellers' confidence has waned after last week’s price hike attempts. While export prices for ethylene-based PVC have inched higher, local and import prices have remained largely stable. The market remains at a crossroads, supported by demand from India but pressured by weak domestic conditions and competitive US offers... 04-04-2025

European PE market faces uncertainty amid US-EU tariffs and weak demand by Manolya Tufan
The European PE market had a strong start to the first quarter of 2025, driven by producers’ margin enhancement targets and reduced import supply. However, the landscape has quickly become more complex, as multiple factors, including the potential for EU’s retaliatory tariffs, lower costs and lethargic demand, have created an uncertain market environment... 03-04-2025

India’s PP markets dragged down by competitive Chinese offers amidst easier ME supply by Shibu Itty Kuttickal
Pressure on Middle Eastern PP sellers to India has grown due to a bearish Chinese market and declining freight rates for the China-India route, along with Mid-East suppliers resuming production after turnarounds. Thin demand and abundant supply are expected to keep import PP prices in India low, with most players not expecting a recovery as feedstock prices also remain weak. Meanwhile, news that a supplier from Oman is offering PP raffia at $950/ton CIF India, close to Chinese prices of $940-970/ton CIF, is seen as another bearish signal... 02-04-2025
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.
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