Egypt’s domestic and import PVC markets have followed opposite directions for the past few weeks . While a shortage of foreign exchange and hampered import activities have given distributors leverage to seek price increases, the import market continued to weaken mainly due to ample export availability out of China...
In China, import PE markets have witnessed some downward corrections by the middle of March after fluctuating within a small range since the end of the Lunar New Year holidays that corresponded to late January...
Players in Türkiye’s polyolefin markets started to voice their early April expectations. Prices have reached a plateau both for PP and PE, several participants believe, while lethargic demand casts a pall on the outlook ahead of the nearing Ramadan...
China has added more than 1.5 million tons of new PE capacity so far this year while there is more to come for the remainder of 2023. This makes up almost half of the capacities planned across the board for this year. What is more, 2024 is set for a much bigger wave of new capacities that will rattle markets...
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