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- SE Asian PP, PE markets look for direction amid tepid demand, rising freights
  
  Buying sentiment in Southeast Asia's PP and PE markets may improve only after the Chinese New Year, with requirements for January mostly tied up and those for February limited, say players. On the other hand, imports come in a trickle given the recent surge in freight rates...
  
  European PS, ABS markets open 2022 on firm footing
  
  Spot polystyrene (PS) and acrylonitrile butadiene styrene (ABS) markets in Europe opened the new year with hike requests from producers. The main factor propping up the markets was rising upstream costs. Previously, both PS and ABS prices moved within narrow ranges throughout November and December amid production hiccups and year-end lull...
  
  Asia PET prices extend gains into January
  
  PET prices across Asia not only closed 2021 on firm footing but also started the new year with additional increases, driven by higher feedstock costs and the lingering tightness inside China. This was despite the fact that demand was limited due to the off-season and tighter Covid-19 measures...
  
  China’s PVC exports hit records in 2021; challenge global suppliers
  
  China’s PVC exports almost tripled to hit above 1.6 million tons in January-November 2021 and hit an all-time high. Having beefed up its sales notably in almost all export destinations despite overrated freight rates, China also outperformed the prevailing PVC supplying countries including the US, Taiwan, Germany, France and Japan...
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Europe’s PE markets under pressure from rising supplies

January PE prices emerged with rollovers to monthly drops in Europe. Although the delayed arrival of US cargoes supported regional suppliers to some extent, growing supplies amid better import availability and tepid demand put pressure on particularly LDPE and HDPE grades...

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