Turkey’s import polymer markets have remained under the pressure of persistently thin demand as inflationary pressures, which hit end product markets hard across the board, kept resin consumption tied to limited needs...
Having closed June deals with 3-digit drops, European PP and PE players are bracing for further drops next month amid ample supplies and weak demand. Monomer expectations also emerged softer given the growing disparity between spot prices and the contract levels...
PVC prices in Asia tumbled after a major Taiwanese producer notified Asian buyers of a $90/ton across-the-board reduction in its July offers early on Tuesday. Following the announcement, markets hit their lowest since November 2020...
After a long streak of weekly gains, global oil futures ended last week with a deep slump. According to market analysts, this sudden reversal in trend highlighted underlying concerns among investors regarding the future outlook of demand and the higher risk of recession...
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