Spot LDPE prices in Italy and across Western Europe are testing the €1700/ton FD threshold, as mounting supply constraints and aggressive seller strategies continue to push the market into uncharted territory. This pushed prices to their highest level since July-August 2022...
Türkiye’s polyolefin markets hit multi-year highs this week, with price hikes extending into a third consecutive week. The rally has been driven by severely constrained import volumes, geopolitical tensions, and rising upstream costs. Shortages from the Middle East, the US, and Asia, coupled with logistical disruptions and elevated energy prices, have pushed both local and import prices into uncharted territory, leaving buyers on edge ahead of the Eid al-Fitr break later this week...
Southeast Asia’s PP, PE, and PVC markets are showing early signs that the breakneck rally seen in recent weeks is beginning to lose momentum. While prices remain elevated, early-week activity suggests that aggressive hikes are no longer gaining the same traction as downstream resistance strengthens across key markets such as Vietnam, Indonesia, and Malaysia...
European PE markets have entered another phase of sharp price escalation, as producers across the region lifted their initial hike targets amid surging energy costs and the intensifying conflict in the Middle East. What initially began as moderate increases quickly evolved into a much stronger upward movement, with sellers now achieving huge gains of €200-300/ton in several cases and signaling that further revisions may follow in the coming days...
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