Premium News

Europe’s PP, PE markets eye floor at 5-year lows amid easing November declines
by Laura Pisano
European PP and PE markets have opened November on a stable to softer note, with price decreases slowing from the previous months after both PP and PE prices hit their lowest levels since 2020 for most grades. While some grades broke below certain thresholds, a few suppliers tried to halt the downturn by seeking rollovers in their initial offers...
2025-11-07

Hungary’s MOL joins growing chorus urging Europe to take urgent action
by ChemOrbis Editorial Team
Europe’s chemical and manufacturing sectors are facing their toughest period in decades, as a wave of permanent plant shutdowns, divestments, and stalled investments exposes deep structural weaknesses. Against this backdrop, Hungary’s MOL Group has called on EU policymakers to take tangible action to restore Europe’s industrial vitality...
2025-11-06

Stats: China’s PP trade swings back to net-import position in September and Q3
by Thi Huong Nguyen
China resumed net PP imports in September and Q3 as import volumes strengthened while exports lost momentum amid weaker overseas demand. Although the import-export gap remained relatively narrow, ongoing price erosion and rising self-sufficiency continue to reshape China’s role in global PP trade...
2025-11-06

SE Asian ethylene market hits lowest since Aug 2020, NEA extends slide
by Jennifer Lee
Ethylene prices in Northeast and Southeast Asia have fallen for the seventh straight week amid rising inventories and increasing supply from recent cracker restarts. While propylene has held mostly stable due to regional outages, traders say only a firm recovery in downstream demand could reverse current bearish momentum…
2025-11-06

Asian PS, ABS markets stay weak as November begins, after ending October over five-year lows
by Thi Huong Nguyen
Asian styrenics markets ended October under persistent downward pressure, with both ABS and PS prices either extending losses or stabilizing near multi-year lows. In China, import ABS prices fell to around five-and-a-half-year lows, while PS values breached key psychological thresholds in the face of fading cost support and sluggish downstream demand. In Southeast Asia, prices held largely steady, but sentiment remained fragile as buyers continued to purchase only on a need basis...
2025-11-06

Bearishness in India’s PP, PE markets deepens as local prices are cut
by Shibu Itty Kuttickal
Indian producers cut local PP and PE prices and extend incentives, revealing deepening fragility in the polyolefin markets. Demand stays weak as regulatory uncertainty clouds buying decisions...
2025-11-05

Indian producers hold local PVC prices, launch tiered incentives for November
by Shibu Itty Kuttickal
Indian S-PVC producers have kept November prices steady while introducing volume-linked discounts. The strategy aims to boost domestic lifting as the market eyes post-monsoon demand recovery...
2025-11-05

Stats: Türkiye’s September polymer imports barely change on month, year
by Merve Madakbaşı
According to ChemOrbis Stats Wizard, Türkiye’s total September polymer imports edged down by 1% from August, while they inched higher by 0.8% from September 2024. Saudi Arabia remained the number one polymer supplier with a 27% share, followed by South Korea (13%) and the US (11%). Meanwhile, the total import value slightly rose to nearly $532 million month over month, but indicated a yearly decline...
2025-11-05

Indian PP, PE producers roll over local prices but renew incentives, cut export pricing
by Shibu Itty Kuttickal
Producers maintained official list prices for the second consecutive month but renewed 'early-bird' incentives and made a decisive cut in deemed export levels, confirming market fragility. Cautious buyers are now anticipating a broader, official price correction…
2025-11-04