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- West African PP, PE markets remain strong in October
  
  In Nigeria, West Africa’s largest polymer market, October was marked by a shortage of supplies, escalating costs in logistics, and a challenging macroeconomic environment that dampened the buying interest...
  
  European players evaluate impact of energy surcharge on polymer markets
  
  In Europe, the unprecedented surge in energy costs has rattled regional polymer markets that have been facing other setbacks driven by the pandemic. Several producers announced their plans to implement an energy surcharge on their prices, addressing the sudden and abrupt hikes in natural gas and electricity prices leading to a significant erosion of margins...
  
  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...
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European PP buyers and sellers set for a tug of war for November

In Europe, October has been a month of stability in most cases as balanced supply/demand and rising costs counterbalanced each other. Players are now trying to gauge the outlook for November amid a bundle of opposing factors...

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