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SEA PE markets sink further on weak demand; US LLDPE hits $800 CIF Vietnam

Southeast Asia’s PE markets started October on a bearish note, with prices drifting further down amid fragile demand and persistent oversupply. Market sentiment remained weak, with buyers sticking to minimal replenishment despite already multi-year low levels. Competitive offers from US and Middle Eastern suppliers continued to weigh on the region, pulling both LDPE and LLDPE film down, while HDPE showed only selective firmness in limited markets...

Europe’s PVC under siege: Italy hits lowest level since 2020

European PVC markets wrapped up September on a largely steady note, with prices posting rollovers or slight reductions for large-volume deals. Despite limited production rates and stable feedstock costs, market fundamentals remained soft, weighed down by persistent import competition and sluggish downstream demand. As October kicks off, stability is again seen as the most likely scenario, with little room for either gains or major losses...

India’s PP, PE markets slide deeper as October opens with fresh cuts

India’s polyolefins markets entered October on a distinctly bearish footing, with both PP and PE seeing new price cuts in import and domestic markets. Oversupply, monsoon-related slowdowns, and subdued downstream demand weighed heavily on sentiment. Players said the removal of price protection by the country’s major producer underscored the defensive tone, leaving buyers cautious and restricting activity to hand-to-mouth purchases...

Türkiye’s PVC market sees US gains fizzle out as October kicks off

October PVC offers started to emerge this week, with only minor adjustments in the duty-free segment, while the brief firmness in US cargoes quickly faded. A major producer in India trimmed its domestic offers, and ample inventories in the US added further pressure, weighing on sentiment. Still, in Türkiye—currently the cheapest PVC market worldwide—neither notable price drops nor upward movements were anticipated at this stage...

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Turkish Plastics Processing Machinery Producers Gathering

On June 18 2012, ChemOrbis gathered together with the Turkish Plastics Processing Machinery Producers at a cocktail followed by a dinner at the Hilton Hotel in Istanbul and explained how ChemOrbis tools and services can help them to promote their business and reach potential customers.