Import offers for PP in Southeast Asia stand at the highest since the last quarter of 2014. They are poised to remain supported in the near term due to tight supply, according to industry players...
PS and ABS markets in China and Southeast Asia made a strong start to the post-holiday period, while the pace of gains accelerated over the past week. Production upsets in the cold-hit US Gulf Coast fueled concerns over availability and surging spot styrene markets added to the bullish run...
Turkey’s import polyolefin markets have seen no respite from abrupt increases, with PP continuing to take the lead. Short supplies spurred price inquiries as global production hiccups coupled with rising upstream costs kept March expectations bullish. Yet, the never-before-seen levels kept players on their toes and caused some buyers to idle operations...
Import PVC prices in India, China, and SE Asia witnessed relentless hikes from mid-May to late December last year amid a global supply crunch. This longest-ever price rally lost speed in January and prices corrected from record highs. The uptrend was soon renewed in early February while it has recently turned back into a roaring rally in the aftermath of weather-driven shutdowns in the US...
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