Polymers Market : Plastics News and Resin Prices

Bullish run for PVC enters 6th month in Turkey: Supply relief under question
by Merve Madakbaşı
Turkish PVC players have witnessed the longest rising streak since ChemOrbis started to compile data in 2008. November indicated a new series of hikes on the heels of supply constraints. Yet, an imbalance with other markets blurs outlook on the longer run...
06-11-2020

Import PE tightness eases off in China; LDPE stabilizes at two-and-a-half-year high
by Merve Sezgün
China’s PE demand has tapered off following several weeks of active buying, while players report that import availability has seen a relief on the heels of the fully discharged Iranian cargoes combined with gradually improving supplies from the US...
05-11-2020

Overseas PP producers’ focus shifts to SE Asia as Chinese demand fades
by Merve Sezgün
China’s PP appetite has started to decrease as the high season is over. Import prices into the country have remained largely stable so far this week, while overseas producers have shifted their focus to Southeast Asia where supplies are tighter and price levels are higher...
04-11-2020

European and US chemical companies face headwinds in Q3
by Başak Ceylan
The quarterly financial results from the US and the European petrochemical companies suggested continued headwinds from the COVID-19 pandemic. Although some companies reported better results on a quarter-over-quarter basis, analysts reported that the quarterly recovery has been uneven across markets...
03-11-2020

Uptrend in Asian ABS markets takes a pause despite tightness, styrene
by Manolya Tufan
Import ABS markets took a pause from the bullish trend that was stretching as far back as early April in China and May in Southeast Asia. Although the bullish tone fueled by ongoing tightness and higher styrene prices remained intact, suppliers have elected to keep their offers flat after applying hefty increases in the past weeks...
02-11-2020