Plastics News and Polymer Prices

Major ABS markets extend losing streak on cost pressure
ABS prices across major markets showed no signs of recovery last week after they booked around 10 straight weeks of losses. ChemOrbis Price Index suggest China, Southeast Asia, and Europe touched their lowest level in around two years in the face of weaker upstream costs...
Mon Nov 26 12:00:00 EET 2018

China’s import PE market unresponsive to ethylene’s rebound
Import PE prices in China have mostly followed a softening trend since late June. November has been another month of price cuts amid lower oil prices, falling futures markets and a lack of supply issues...
Fri Nov 23 12:00:00 EET 2018

December hints at softening in European PP market
In Europe, players started to voice their expectations for next month after concluding November deals with mostly rollovers despite initial hike attempts. Slight decreases were observed in the contract market of Northwest Europe. Approaching year-end, mounting monomer supplies as well as lower energy markets triggered softening expectations on part of most players...
Thu Nov 22 12:00:00 EET 2018

Taiwanese major’s Dec PVC offers to Asia match initial expectations
Following two consecutive months of visible decreases, a major Taiwanese PVC producer elected to apply a firmer pricing policy for December, increasing its new offers slightly by $20/ton from November both to China and to India...
Wed Nov 21 12:00:00 EET 2018

Spot C3 in Asia and Europe plunges on lower crude, US shows uptick
Spot propylene prices in Asia slid for the fifth consecutive week and hit their lowest levels in a year amid pressure from falls in crude oil futures and oversupply issues. European spot propylene prices also extended losses, spurred not only by decreasing feedstock costs but also by the continued logistical challenges arising from the River Rhine...
Tue Nov 20 12:00:00 EET 2018