Polymers Market : Plastics News and Resin Prices

2019 was a year of downturn for Asian PET markets; what will 2020 bring?
by Merve Sezgün
2019 has been a year of decreases for the PET bottle markets across Asia as prices tracked a downtrend for the most part of the year and reached multi-year lows before they turned upwards a few weeks ago...
26-12-2019

Will Asian PVC markets maintain firming into Q1 2020?
by Abdul Hadhi  and Merve Sezgün
Having followed a mostly bearish trend in the last quarter of 2019, Asian PVC markets look set to get busier going into 2020 on seasonal factors. Plus, other broad market developments such as easing US-China trade tensions as well as higher freight costs may support prices in the first quarter...
25-12-2019

Thai local PP market at 4-year low as 2019 draws to close
by Abdul Hadhi  and Başak Ceylan
Domestic PP prices in Thailand have slipped by almost 11% since the downtrend began in late October. The decreases have been mostly driven by the weakening interest of buyers to stock cargoes, resulting in an increase in supplies. As suppliers are now looking to clear inventories ahead of the year-end, prices have tumbled to their lowest since January 2016...
24-12-2019

European PVC hovers around 4-year-lows, is reversal near?
by Manolya Tufan
December PVC deals were closed with rollovers in Europe. Only slightly higher ethylene contracts appear to have failed to move PVC up but helped it stabilize around 4-year lows. Players’ focus has now shifted to January, with the question as to whether or not prices will see a rebound...
23-12-2019

Global PE markets in 2019: Was it the tip of the iceberg?
by Esra Ersöz
PE markets hit the lowest levels of the past ten years in the last quarter of 2019 in Asia, Europe, Turkey and Africa, after having spent the second half of the year mostly in a downtrend. The last time PE prices saw such low levels back in 2009 was followed by a prolonged uptrend. Now that PE markets are slowly firming up, the question is whether this recent firming will be sustained like ten years ago or a cloud will continue to hang over the PE markets in 2020...
20-12-2019