The Indian polymer market is witnessing a stark and dramatic divergence, leaving converters and distributors navigating two entirely different economic realities. While PP and PE prices continue to climb on the back of upstream volatility and domestic supply tightness, the PVC market has entered a tailspin, dismantled by low-priced imports and aggressive price cuts from local producers...
Türkiye’s polyolefin markets opened the week on a firm footing but quickly turned into a complex battleground of supply shocks and macro-driven hesitation. A fresh round of hikes from Petkim set the tone early on, reinforcing bullish sentiment that had already been building on tightening import availability since the eruption of the Middle East war in late February...
Southeast Asia’s PE market continues to face a persistent shortage of Middle Eastern and regional supply. Amid these disruptions, US sellers have stepped in aggressively, offering material at sharply elevated levels that have effectively redefined the regional pricing landscape. However, the workability and sustainability of these offers are increasingly being questioned amid a notable shift in market sentiment...
The outbreak of the Middle East war at the end of February triggered a sharp upswing across Europe’s polymer markets, with prices rising at varying magnitudes depending on product fundamentals. Polyolefins led the rally by a wide margin, while other polymer chains also moved higher, albeit at a more moderate pace, largely driven by cost inflation rather than imminent supply shortages...
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