Polymers Market : Plastics News and Resin Prices

Fading demand forces PP, PE sellers to step back in Turkey
by Merve Madakbaşı
Turkey’s import and local polyolefin markets have been facing growing pressure from waning buying appetite since last week. The majority of PP and PE consumers went to the sidelines after paying massive increases in February and early March to replenish their stocks...
19-03-2021

Pace of PP, PE hikes in China and SE Asia slackens
by Merve Sezgün
The polyolefin upturn in China and Southeast Asia has stretched into the fourth week after the Lunar New Year holidays. Although persisting supply limitations support import prices at high levels, the pace of gains has slackened this week amid mixed buying sentiment...
18-03-2021

China domestic PS pullback threatens import uptrend in Asia
by Abdul Hadhi
Domestic PS offers in China have started to pull back amid increasing buying resistance and reduced feedstock cost support in a development that may spill over to import offers in Asia, according to market players...
17-03-2021

Asian PVC markets baffled by mega monthly offer hike
by Abdul Hadhi
PVC markets in Asia were taken by surprise by a sharp increase in monthly offers for April by a major Taiwanese producer...
16-03-2021

Spot PVC K67 hits fresh record highs in Italy
by Manolya Tufan
Having steadily risen for the 10th straight month, European PVC markets witnessed sharper gains in March amid deepening shortage, widening gap between spot and export markets, as well as robust buying appetite. Prices in Italy have subsequently climbed to fresh record highs...
15-03-2021