Polymers Market : Plastics News and Resin Prices

Focus turns to August in Turkey: PP and PE players sidelined amid blurry outlook
by Merve Madakbaşı
Polyolefin players witnessed a bull market for the second straight month in July as improved activity and rising upstream exerted an upward pressure on prices. The firming trend in other markets including Asia and Europe coupled with reduced supply contributed to the new series of gains on transactions although sizes of increases varied depending on product...
17-07-2020

SEA PE uptrend intact, yet increases capped by reduced demand
by Merve Sezgün
Import PE prices in Southeast Asia have extended their gains into the eleventh consecutive week as tight availability continues to support the upward trend. Regional and overseas suppliers approached the market with further increases this week, yet they confirmed that buyers’ resistance was still in place and keeping hike amounts in check...
16-07-2020

Taiwanese major hikes Aug PVC offers to Asia as limited availability outweighs monsoon effect
by Pınar Polat
After lifting its July PVC offers by $90-100/ton to Asian markets, a major Taiwanese producer applied another round of increases for August, albeit in smaller amounts of $20/ton. This was initially anticipated by regional players...
15-07-2020

East African PP, PE markets on rise for July but deals still scarce
by Başak Ceylan
In Kenya, a reference country for the East African markets, players saw July PP and PE offers from Middle Eastern suppliers surge from the previous levels in June. However, no deals were confirmed at the time of writing, which suggested that new levels were too high to work in the market...
14-07-2020

PVC increases pass on July deals in Europe
by Manolya Tufan
European PVC markets extended gains into the second month on the back of higher ethylene settlement for July. Demand recovery prevailed amid reopening of construction sites, while limited regional supplies also supported sellers’ hike attempts...
13-07-2020