ChemOrbis Stats Wizard data revealed that the total polymer imports of Türkiye edged up by nearly 1.5% in Q3 from the prior quarter and stood at 1,573,000 tons. Nonetheless, the volume dropped by 9.5% from Q3 2023 when imports surpassed 1.7 million tons. In July-September, Saudi Arabia (398,000 tons), the USA (148,000 tons), South Korea (146,000 tons), Egypt (96,000 tons) and Russia (90,000 tons) were the top five suppliers...
PVC markets have been shaken by the recently announced anti-dumping tariff propositions by India, the world’s largest PVC buyer. India's S-PVC imports reached an all-time high of over 3 million tons last year, making up approximately 33% of total global trade. Now, players are bracing for significant shifts in trade dynamics as the massive PVC buyer attempts to restructure the landscape, driven by demands from its domestic producers and in anticipation of upcoming capacity expansions within the country...
Total polymer imports of Türkiye stood at 4,536,000 tons in Q1-Q3 this year while the cumulative figure indicated a nearly 8% decrease year over year, as per ChemOrbis Stats Wizard data. The volume also pointed to the lowest level since 2021 when the country’s polymer imports for the first three quarters totaled 4.3 million tons...
As the year draws to a close, regional PP and PE players are assessing whether suppliers can hinder the downturn that kicked off two months ago. Pricing dynamics are expected to be heavily influenced by slack demand, ample supply and heightened competition from imports, particularly from the US in the case of PE. However, some sources remain cautiously optimistic, suggesting that firmer monomer settlements could offer some support to prices...
Subscribe to ChemOrbis to read : "January Brent crude rose 2 cents to $72.83/bbl on Wednesday"
ICE January Brent crude was up 2 cents to settle at $72.83/barrel on Wednesday...
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