Türkiye’s PVC market entered January with renewed hike attempts from sellers, encouraged by a combination of firmer global cues and rising cost pressures. Price discussions shifted upward as changes in China’s export policy, elevated freight rates, and climbing oil futures strengthened sellers’ resolve, even though demand remained fragile. While negotiations are still ongoing, the market tone has clearly moved away from the weakness seen in most of 2025...
China’s PP markets are showing early signs of a cautious recovery in mid-January, with prices moving higher across most segments after months of sustained weakness. Firmer upstream costs, a steady rally in Dalian PP futures, and rising crude oil prices have lifted market sentiment, while gradual pre-holiday restocking ahead of the Lunar New Year has encouraged more active buying interest...
Europe’s PE markets entered the new year on a stable to firmer footing, as producers moved to test rollovers to hike attempts despite a €25/ton drop in the January ethylene contract. Early January activity remained thin across regions, with many players only returning to their desks after the extended holiday break, while LDPE emerged as the clear outlier on the upside amid tight availability...
China’s PVC market has entered a pivotal phase, with a price rebound that began in late 2025 gaining further traction in mid-January amid policy-driven expectations. After emerging from historic lows in December, prices have continued to firm, with the government’s decision to cancel the 13% PVC export tax rebate from April increasingly shaping both domestic sentiment and export strategies...
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