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Plastics News

Plastics News

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Freight rates started 2025 with renewed increases following a tumultuous 2024 . However, increased capacity and the resolution of a looming US port strike has brought rates down. The key question now is how long this decline will continue, as there is the possible resumption of Red Sea transits on one hand and the expected trade war following Trump’s re-election on the other, awaited to pose a major challenge to rates...

Local K67-68 markets remain soft ahead holidays in SEA
by Elif Sevde Yalçın
Players in the Philippines, Indonesia, and Vietnam reported stable to lower local PVC prices early in the week, with muted activities ahead of the holidays dampening market sentiment further…
2025-01-21

Indonesian supplier announces Feb PVC offers to regional markets
by ChemOrbis Editorial Team
The producer’s February offers remained at January levels after slight declines observed in the previous months...
2025-01-21

SE Asian producer reveals Feb PP, LDPE offers to regional markets
by ChemOrbis Editorial Team
New offers from the producer indicated a slight decline for LDPE film and inj., matching the increase seen in last month’s price list, while PP grades remained flat for another month…
2025-01-21

Firmer feedstocks spark recovery in Asian PS, ABS import markets
by Elif Sevde Yalçın
Styrenics markets in China and Southeast Asia saw their first price hikes in months during the week ending January 17, driven by stronger feedstock costs and rising crude oil futures. However, the approaching Lunar New Year holiday dampened trading activity...
2025-01-20

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