Polymers Market : Plastics News and Resin Prices

Asian ABS markets continue downward trend on subdued demand
by Pınar Polat
ABS prices across China and Southeast Asia have been following a downward trend since early February mainly due to subdued demand amid the rapid spread of COVID-19 outbreak...
06-03-2020

European PP sellers aim for rollovers in March, buyers may resist
by Manolya Tufan
After February deals were closed with rollovers, PP producers in Europe have started to announce their March prices mostly with rollovers in spite of the fact that propylene contracts settled with a €20/ton decrease. This was attributed to sellers’ hopes to see improved demand for PP and regional supply disruptions...
05-03-2020

Local PPH prices extend slight gains on firmer futures in China
by Pınar Polat
In China, the local homo-PP market has gained ground for the second consecutive week with support from higher futures although the overall demand has remained thin...
04-03-2020

COVID-19 drags Asian PS markets to multi-year lows
by Abdul Hadhi
PS prices are edging closer to 11-year lows in China and 4-year lows in Southeast Asia as market sentiment takes a growing hit from the impact of COVID-19 and lower feedstock prices...
03-03-2020

Coronavirus blurs outlook in European polymer markets
by Manolya Tufan
The spread of the coronavirus across Europe was the hot topic in the polymer markets last week, with Italy emerging as a new epicenter of the rapidly spreading illness. Although there has been no tangible impact on the near-term projections so far, economic concerns stemming from lower consumption have heightened...
02-03-2020