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Turkish buyers lean toward nearby European PE, PP cargos amid logistic mishaps

Polyolefin players are yet to return to their desks from Eid al-Adha holidays after wrapping up their June PP and PE businesses with monthly hikes in Türkiye. The culprit behind the gains were soaring shipping costs amid container shortages and a lack of space in vessels, rather than a brisk demand from downstream sectors...

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