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Insight: What will drive polymer markets from here? Demand or costs?

Global polymer markets are experiencing a paradox where prices struggle to increase, despite soaring costs, primarily driven by surging crude oil prices that have reached 10-month highs. This is because the vital demand element lies on the other side of the coin, and the demand scenario is far from ideal, hindering a robust price rally...

October PP, PE expectations call for minor changes in Türkiye

Türkiye’s polyolefin markets were pervaded by flagging demand for most of September, with prices holding firm on the back of rising upstream costs and moderate availability for certain products. Whilst the persistent cash issues stay at center stage and hamper the demand outlook, expectations call for modest fluctuations in October...

Import PE film prices at around-six-month highs in China and SE Asia

In China and Southeast Asia’s import PE film markets, prices of all grades witnessed additional increases last week, tracking a stable to slightly higher movement for 10 straight weeks. ChemOrbis Price Index reveals that PE film prices in both markets have hit their around-six-month highs on average, while the average price of HDPE film on CFR China has reached the highest level since late July 2022...

African PP, PE markets fully head north in September

The bullish sentiment pervaded across African polyolefin markets in September after Nigeria had pioneered price hikes last month with the rest of the continent remaining weak. Soaring costs were the major driver behind price hikes this month despite subdued downstream demand...

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