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Vietnam PP markets at more than 4-month lows, buyer-seller tug of war intensifies

PP prices in Vietnam have remained on a stable to lower trajectory since late September or early October, as subdued demand amid slowing downstream businesses have pushed sellers to cut offers consecutively over the period. Although the general buying sentiment remains subdued, sellers appear increasingly reluctant about making further decreases, signaling an intensifying tug of war ahead...

Demand pressure casts cloud on PVC hikes in Türkiye

Sellers have been adopting a firmer stance since early November, when PVC witnessed hike attempts for the first time after August in Türkiye. The relatively improved sentiment among suppliers was underpinned by a cautious recovery in Asian markets. Nonetheless, lethargic demand put a lid on increases, and the market was rangebound by the end of the month...

Non-European PPBC offers at aggressive levels add to bearishness in Italy

Whilst players are bracing themselves for another round of decreases in December, the emergence of aggressive non-European origins has contributed to the bearish scene in Italy. South Korean PPBC offers that trade at a discount to the PPH levels have mirrored the weakness in underlying demand for downstream applications as well as the most recent trend in Asia...

Correction: China, SEA PE markets continue downtrend as Nov ends, what lies ahead in Dec?

(The LDPE film deal levels for Saudi origins have been corrected in the bolded part of the related paragraph.)...

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