Polymers, Plastics News and Resin Prices
China’s comeback: What’s in store for polymer markets after the break? by Merve Sezgün
Chinese polymer players are stepping away from their desks this week as the country observes the National Day holiday. Despite the seasonal optimism brought by ‘Golden September, Silver October,’ demand recovery across most polymer segments has fallen short of expectations. Prices have struggled to gain momentum due to persistent oversupply, weaker international demand, and a sluggish domestic economy... 30-09-2024
Asian PET bottle markets continue to soften amid anemic demand by Elif Sevde Yalçın
Subdued demand continues to weigh heavily on Asia’s PET bottle markets, pushing prices lower. Despite a slight rebound in feedstock costs and reduced production rates, slow trading activity throughout the supply chain has kept the market under pressure... 27-09-2024
Eyes on India's pending ADD ruling following Taiwanese PVC major's Oct pricing by Shibu Itty Kuttickal
Did the major Taiwanese producer factor in India’s impending anti-dumping duties (ADD) decision on PVC imports when it opted to keep its benchmark import prices unchanged for October? Indian players speculated that the anticipated ADD ruling may have influenced the major producer's decision, as many market participants had otherwise expected prices to decline... 26-09-2024
Freight rate downturn persists; are there any signs of abating? by Elif Şahinduran
Freight rates continued to decline in September, with Drewry’s world container index down by a cumulative 39% since its peak on July 25. However, declines on routes from China to the US were limited to 1-4% this past week due to the upcoming strike at US East Coast ports on October 1. This raises the question: Can the strike halt the declines, and if so, to what extent?... 25-09-2024
Flimsy demand keeps PP, PE outlook softer in Europe by Laura Pisano
The polyolefin markets faltered under a weaker sentiment post the summer, unable to maintain the modest gains achieved over the past two months. Indeed, initial hike attempts failed to pass on September PP and PE deals due to sluggish demand and lower costs. Although rollovers were still reported in a few cases, most players closed their deals with small decreases of €20-30/ton in line with the monomer settlements... 24-09-2024
ChemOrbis Free Plastics News section includes plastics industry news covering all the important developments affecting supply and demand balance for the polymers industry and plastics resin prices.
Plastics News covers any development affecting the prices of polymers and plastic raw materials including Polyethylene (PE) - consisting of HDPE, LDPE and LLDPE - Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and ABS.
Not only plastics resins, but also the production chain starting from crude oil to naphtha and the monomers and feedstock costs including ethylene, propylene, styrene, benzene, PX and MEG are within the scope of ChemOrbis Plastics News. Any news pertaining to these products in global markets about market trends, the changes in supply-demand dynamics and import-export stats as well as production updates - including maintenance shutdowns, plant turnarounds, closures, force majeure declarations, restarts and new capacities - are covered in this section.
ChemOrbis Plastics News also consists of stories about the changes in customs legislations for plastic resins in regional markets, freight rates in global markets, economic and financial developments that affect demand directly or indirectly as well as the updates of the companies operating in the plastics sector.
Free Plastics News section includes the news for the following markets:
Asia Pacific & India : China, South Korea, Japan, Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, India
Middle East & Africa : Türkiye, Egypt, Saudi Arabia, GCC, Iran, North Africa, East Africa, West Africa and South Africa
Europe & CIS : Italy, Germany, France, Netherlands, Belgium, Russia, Ukraine, CIS, Northwest Europe
Americas : North America, South America, USA, Canada, Mexico
for the following products :
Polyethylene (PE) : LDPE, LLDPE, HDPE,PP (Polypropylene) : PP Homo, PP Copolymer,Polyviynl Chloride (PVC) : SPVC,Polystyrene (PS) : HIPS, GPPS, EPS,PET (Polyethylene Terephthalate) : PET Bottle, PET Film,ABS (Acrylonitrile Butadiene Styrene),
feedstocks & monomers including crude oil, naphtha, natural gas, ethylene, propylene, VCM, EDC, styrene, benzene, MEG, paraxylene, PTA and butadiene.
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