Plastics News and Polymer Prices

China’s total PE imports hit record high in Jan-Feb, contributing to supply length
by Pınar Polat
ChemOrbis Import Statistics suggest that China’s cumulative PE imports in the first two months of 2019 posted an annual increase of 23% to reach around 2.5 million tons, the highest figure in the statistics dating back to 2001. This added to the ongoing supply length inside the country...
03-04-2019

April PE prices cautiously up in Mid-East, Africa; PP firms for 2nd month
by Başak Ceylan
Middle Eastern and African PE markets have leaned towards a steady-to-firm trend in April. PE prices followed divergent paths back in March after having been on a steady to soft note during the first two months of the year. PP markets are relatively stronger, meanwhile, as monthly hikes have somewhat gained momentum across the two regions...
02-04-2019

PS players brace for major April hikes in Europe
by Manolya Tufan
In Europe, the firming trend in the PS market is widely expected to gain speed in April, marking the third consecutive month of increases. Although April styrene contracts are yet to settle, some suppliers shared their intention to seek larger increases than the outcome of styrene...
01-04-2019

Turkey’s polymer markets on hold with elections around the corner
by Merve Madakbaşı
Polymer markets have stalled now that only a few days are left for local elections on March 31. Although expectations for April have been shaped by a bunch of factors, economic uncertainties have created renewed caution in markets...
29-03-2019

PP, PE buyers in Thailand resist hike attempts ahead of Songkran
by Merve Sezgün
In Thailand, domestic PP and PE producers have reportedly approached the market with modest hikes this week in line with regional trends. However, their price increases have met with resistance from buyers who preserve a cautious stance amid post-election uncertainties and the impending Songkran...
28-03-2019