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- Global PET markets surge on heels of costs, tightness
  
  PET markets have posted increases after moving mostly sideways during September as soaring upstream costs fuelled a firmer trend. Supply woes have gained prominence, while elevated freight rates amid shipping bottlenecks coupled with active demand added to the uptrend in Asia, Europe and Turkey moving into H2 October...
  
  SE Asia PP uptrend fueled by China’s strong return
  
  The uptrend in Southeast Asia’s PP markets has gained momentum, drawing strength from the bullish post-holiday sentiment in China. Both import and local markets across the region have seen notable hikes so far this week amid tight supplies, strong upstream costs and recovering demand with easing Covid-19 restrictions...
  
  US PE offers back in the game in global markets
  
  Export PE prices out of the US have started to reappear in major markets as October began, albeit not necessarily in bulky volumes or with aggressive prices. Although most upstream and PE units already resumed operations following the heavy hurricane season that tailed off in late Q2, players hardly heard PE offers in the spot market across the globe until recently...
  
  Egypt’s PP, PE markets rise to 5-month high in October
  
  Egyptian polyolefin markets kicked off October on a firm note, with the Middle Eastern producers announcing price increases over last month. The recent increases in import prices lifted the overall price ranges to their highest in almost five months, according to ChemOrbis Price Index...
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Turkey’s Nov PP, PE outlook shaped under shadow of the historic low lira

Turkey’s polyolefin markets are readying to close October on a firm footing as shipping bottlenecks and the upstream chain continue to underpin firm price levels. Nonetheless, the sharp devaluation of the Turkish lira to the lowest level on record against its peers spurred a gloomy outlook on the demand front for the upcoming term...

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