China’s PVC markets have entered June on a weak footing, reflecting a continued imbalance between supply and demand. Despite a mild uptick in operating rates at downstream factories, overall sentiment remains subdued in an oversupplied market. Both domestic and key export markets are heading into the rainy season—traditionally a slow period for construction-related industries—further dampening expectations for near-term recovery...
According to ChemOrbis Stats Wizard, Türkiye’s total April polymer imports pointed to the highest monthly volume since ChemOrbis started to compile data in 2003. The figure indicated an increase of 21% from the previous month and was up by 12.5% from April 2024. Saudi Arabia remained the number one polymer supplier, followed by the USA and South Korea. Meanwhile, the total import value at $717 million represented a 23% gain month over month...
After the Dragon Boat Festival break, China’s import polyolefin markets remain under pressure as weak demand and ample supplies continue to weigh heavily on sentiment. In the PE sector, prices for key film grades are dropping to multi-month or even multi-year lows at lower ends, despite relatively stable upper-end offers. The PP market mirrors this trend, with oversupply and weak demand capping any potential recovery in pricing...
Market participants anticipate the current uptrend in PVC prices gaining momentum, driven by expectations that India—the world’s largest PVC importer—will soon enforce new quality standards proposed by the Bureau of Indian Standards (BIS). On another front, Chinese PVC suppliers in India received a temporary reprieve, as the Directorate General of Trade Remedies (DGTR) has postponed the oral hearing related to the ongoing anti-dumping investigation into suspension-grade resin imports...
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