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  • Africa
  • (Algeria, Tunisia, Libya, Morocco, Nigeria, Kenya, Tanzania, South Africa)
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Premium News

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Asian PS and ABS markets experienced a brief upward trend in the latter half of June, driven by a strong cost push amid geopolitical tensions between Iran and Israel. However, this bullish momentum quickly faded in early July as upstream support weakened, and underlying supply-demand imbalances began to exert pressure on prices. According to ChemOrbis Price Index, PS prices largely reversed previous gains, while ABS prices showed more resilience...

Vietnam’s polyolefin puzzle: Market holds breath amid VAT shift and US tariff hike
by Elif Sevde Yalçın
Vietnam’s PE and PP markets remain largely stable despite a VAT cut and rising US tariffs, as weak demand and regulatory hurdles continue to weigh on sentiment. While some see opportunity in shifting trade dynamics, most players are cautiously awaiting clearer signals before ramping up activity...
2025-07-08

Europe’s PVC market maintains stable trend in July
by Marta Rotini
In Europe, PVC prices opened July on a stable note due to the flat ethylene settlement, marking the second straight month of stability. Earlier expectations for a firmer monomer outcome faded given dipping crude oil price prices stemming from de-escalating tensions in the Middle East...
2025-07-08

Indian polymer markets eye post-monsoon rebound despite seasonal headwinds
by Shibu Itty Kuttickal
The Indian PVC and polyolefins markets are currently grappling with the seasonal dampening effects of the ongoing monsoon while simultaneously anticipating a recovery later in July and in August. Market players evince hope that despite cautious buying and unexpected price shifts, especially in PVC, the industry is strategically positioned for a post-monsoon demand boost...
2025-07-07

UAE’s polyolefin markets edge higher in July, buyers resist
by ChemOrbis Editorial Team
Players in the United Arab Emirates received July PP and PE offers with increases over June. Prices were up to $50/ton higher from the latest June levels for some grades. Also, local PP offers were around $20/ton firmer month-on-month…
2025-07-04

Vietnam’s local PP, PE markets firm despite demand challenges; US trade deal in focus
by Thi Huong Nguyen
The persistent lack of buying interest can be attributed to a mix of structural and seasonal challenges. A converter echoed this sentiment, citing a combination of low-season effects, economic weakness, and policy changes as key reasons for the dull market mood…
2025-07-04

SE Asian producer reveals July PE, PP prices to Indonesia
by ChemOrbis Editorial Team
The producer’s July price list largely indicated a stable to slightly higher trajectory following steep declines observed in the previous two monthly notifications...
2025-07-04

Türkiye PVC market splits as suppliers take divergent pricing paths in early July
by Merve Madakbaşı
Players in the PVC market entered July with divergent pricing strategies, leading to a visibly two-tiered landscape. While some sellers pursued higher prices to offset margin pressure and low netbacks in Türkiye, others leaned toward discounts to stimulate sales amid plentiful supply. This divide was apparent in both the import and local markets, as players monitored varying cost structures, demand signals, and global dynamics...
2025-07-04

Global Freight Rate Update, July 3, 2025
by ChemOrbis Editorial Team
According to Drewry, the World Container Index declined for a third consecutive week following sharp hikes in early June, although some routes to Northwest Europe recorded increases...
2025-07-03

ELEME maintains downward pressure in Nigeria; July CIF offers challenged
by ChemOrbis Editorial Team
Players in Nigeria received July import PP and PE offers with increases for the second consecutive month. According to market participants, the bullish sentiment was driven by lingering supply limitations and sellers’ efforts to improve margins. However, growing buyer resistance is expected to pressure prices downward, likely resulting in lower deal levels as the month progresses...
2025-07-03

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