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Aggressive US PE prices find way to Türkiye, Africa amid year-end stock clearing

As sluggish activity came to the fore amid players’ willingness to close the year with low stocks in several markets, US suppliers boosted their exports to major PE outlets. Aggressive ex-USG cargos emerged in Türkiye, Morocco, and Nigeria in November at aggressive prices, while these cargos also formed the low end of Asian markets...

PLAST EURASIA 2023: Players discuss PP, PE outlook amid financial challenges

Global plastics players have gathered at the 32nd edition of Plast Eurasia Istanbul fair, which started on November 22. Weak downstream demand in Türkiye and global markets, low margins amid volatile costs, and cash flow issues were in focus, while players shared their cautious expectations for the upcoming term. The event will end on November 25...

Stats: India’s Jan-Sep PVC imports surge, China takes the lion’s share despite safeguard investigation

India's overall PVC imports for the first three quarters of 2023 recorded a year-on-year surge, reaching a new all-time high for the period, according to data from ChemOrbis Stats Wizard. Notably, the leading supplier, China, increased its exports to the country by %80 compared to the same period of last year despite the ongoing safeguard investigation that started around September 2022...

Sentiment weakens across African PP, PE markets in November

African polyolefin markets have seen bears return after two months of firming trend, following the globally weaker sentiment. Also, the challenging economic headwinds and liquidity issues have continued to hit the markets hard across the region...

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