Polymers, Plastics News and Resin Prices
Turkish PP and PE players adopt a cautious stance as 2024 nears its end by Merve Madakbaşı
Import PP and PE prices in Türkiye continued their downward trend in November, driven by year-end stock clearances from suppliers and subdued downstream demand across most industries. At the same time, year-to-date lows stimulated some restocking activity on the side of buyers. Polyolefin offers have been declining since August, led by reduced consumption and gradual drops in shipping costs while players started to discuss whether the market bottom is approaching... 22-11-2024
Futures-driven hikes return to China’s local PE markets by Thi Huong Nguyen
Amid opposite factors, China’s domestic PE markets have seen notable price fluctuations recently, with LDPE film reversing last week’s losses as most sellers adopted a bullish stance. Following a mostly steady trend in the previous week, local prices have climbed across various PE grades amid support from stronger futures and firm costs... 21-11-2024
Polyolefin prices remain under pressure in Middle East by Nada Samir
In the Middle East, PP and PE markets have experienced an extended bearish tone in November owing toweak demand, comfortable supply as well as lack of real cost-support. In addition, an increasing number of PE and PP offers from the US has exerted a downward pressure on regional origins... 20-11-2024
Weaker costs pull Asian PS, ABS markets down to 7-9-month lows by Elif Sevde Yalçın and Thi Huong Nguyen
Styrenics markets across Asia continued to experience a stable to slightly lower trend last week given the persistent slump in upstream values. Although limited year-end purchasing activity helped cap discounts, the overall demand remained weak, causing an imbalanced supply-demand situation... 19-11-2024
SE Asian petchem producers face prolonged shutdowns as weak margins bite by Elif Sevde Yalçın and Esra Ersöz
Market sources report that several Southeast Asian petrochemical producers have been facing commercial plant shutdowns as high costs and weak demand squeeze margins significantly. The industry is also burdened with supply glut, elevated inventory levels and ongoing destocking efforts. This heightened pressure on petrochemical companies reflects the industry’s growing need for restructuring and rationalization... 18-11-2024
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.
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