Polymers Market : Plastics News and Resin Prices

Energy consumption curbs start to bite Chinese petchem markets
by Başak Ceylan
As climate change emerges as one of the most crucial environmental issues worldwide, China's government is ramping up efforts to lower carbon dioxide emissions. In line with the country’s environmental plans, tougher punishments have recently been announced for regions falling short of their targets set out by the National Development and Reform Commission (NDRC)...
21-09-2021

Spot PE markets yield to fading demand, better availability in Europe
by Manolya Tufan
In Europe, the price trend for most PE products has turned stable to softer towards mid-month as players reported improving availability amid subdued demand. Initial hike requests for some European origins proved unworkable...
20-09-2021

Turkey’s PS, EPS markets retain uptrend on low availability
by Merve Madakbaşı
Import and local styrenic markets have been on a rising trend since early Q3 in Turkey. The main drivers have been pent-up demand amid the high season for certain applications as well as overrated shipping costs, which have both led to dwindling supply...
17-09-2021

China’s PP, PE and PVC markets continue to offer poor netbacks despite better sentiment
by Merve Sezgün
Sentiment in China’s polymer markets has been supported this week by several factors including a pick-up in demand ahead of the Golden Week holiday, a tighter supply outlook amid typhoon-hit ports, as well as rising oil and Dalian futures. However, this major market continues to offer the least favorable netbacks in the world as spot prices cannot rise as much as expected...
16-09-2021

LDPE run-up enters its third month in China as tightness persists
by Pınar Polat
LDPE prices in China have been on a steady uptrend since mid-June, except for a short-lived softening in early August. Tight supply at home, as well as from the overseas markets has been cited as the main reason behind firmer prices...
15-09-2021