Türkiye’s total polymer imports reached a new record in 2025. The country imported approximately 6.3 million tons over the year, data from ChemOrbis Stats Wizard showed, surpassing the previous record of 6.2 million tons set in 2023. The volume marked a 5% increase from 2024. The fresh peak in imports coincided with an improving macroeconomic backdrop, particularly through mid-2025, when GDP growth accelerated to 4.8% year-on-year in Q2 after a softer 2% rise in Q1, before easing to 3.7% in Q3...
European styrenics markets entered February on a firmer footing, as producers moved to reflect sharply higher feedstock costs across PS and ABS chains. The rebound comes after a prolonged downturn for ABS and a gradual recovery already under way in PS, though market participants remain cautious over whether the full extent of announced hikes can be absorbed amid weak demand and persistent import pressure...
When India’s Finance Minister presented the 2026 Union Budget on February 1, the petrochemical industry was looking for a catalyst to break a surplus-heavy market. The answer arrived in a record INR12.2 trillion ($133.1 billion) capital expenditure outlay, positioning the state as the primary mover for polymer demand...
China’s PP and PE markets maintained a cautiously firm tone in the week ending January 30, as prices selectively extended earlier gains. Players noted that the initial recovery had already taken shape from late December to early or mid-January, with the latest week marked by a measured continuation of this uptrend, supported by firmer futures and pre-holiday restocking. While demand remained restrained, slightly improved trading activity reinforced expectations of limited near-term upside...
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