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- Turkey’s PP markets see upward corrections on resurgent demand
  
  PP prices in Turkey have bounced higher after hitting their lowest levels in 6 months in early June. Following a massive free fall in May, players were confident that prices had no further room for additional drops, which prompted buyers to return to the market. An up-tick in activity has underpinned the recovered sentiment, while cautiousness persists for the long run...
  
  China’s import PP, PE markets stable after weeks of declines; is the downturn over?
  
  Import PP and PE prices in China have stabilized this week after around 2-3 months of consecutive drops. Although concerns over demand persisted amid several factors dampening the sentiment, slightly better buying interest has propped up the low ends of the price ranges, players noted...
  
  Escalating shipping costs hinder polymer demand in China, SE Asia
  
  Demand has been limited for polymers in Asia as the resurgence of Covid in Southeast Asia since April and the rise in new infections in China led to various lockdowns and restrictions on a country basis. Adding to Covid-hit demand has been skyrocketing freight costs, which are put under further upward pressure by pandemic-related workforce disruptions at ports and the recent port congestion in China...
  
  Conditions in place for oil rally to continue, but potential headwinds lie ahead
  
  Global crude oil prices tallied a third weekly gain to finish at more than a two-year high on Friday, June 11. The increases were supported by a new report, which forecast oil demand surpassing pre-pandemic levels by the end of 2022. Although conditions seem to be in place for gains to extend into a fourth week, analysts warn of potential headwinds that could threaten the rally...
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AN THANH BICSOL JOINT STOCK COMPANY

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FIVA PLASTIK SAN. VE TIC. LTD. STI.

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