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PVC lags behind bullish January trends in Türkiye’s polymer markets

Prices started the new year on a stable to firm note, supported by low margins and some availability concerns that boosted confidence among PVC sellers in Türkiye. However, supply worries have recently eased, and demand has waned following large-scale purchases in late 2024. This shift caused the stronger sentiment to fade by mid-January. Alongside slight discounts in the import market, particularly at the high end, the local market also saw price declines, ending a four-month uptrend driven by tight prompt stocks...

PET bottle prices rangebound at more-than-a year low in Europe; Feb signals firming

PET bottle prices in Europe have remained rangebound, with regional markets experiencing a slow start to the new year. While producers await an opportunity to increase their offers in pursuit of improved margins, subdued demand has hindered any attempts at price hikes. Spot prices currently hover at more than a-year low after following a stable to softer trend since August...

PP, PE players in China, SE Asia discuss post-CNY outlook

With overall market activity slowing ahead of the Chinese New Year holiday, polyolefin players in China and Southeast Asia, where demand has remained persistently weak, have begun sharing their expectations for the post-holiday market outlook. This year, the holiday falls in the final week of January, with markets traditionally resuming activity well after their official conclusion...

Asian ABS markets face renewed drops as weak demand persists into Jan

After hitting seven-month lows in the second half of November 2024, import ABS prices in Asia largely remained stable, except for a slight increase in China two weeks later. However, the import market resumed downward trend during the week ending on January 10, while local prices inside China continued a two-week decline amid a double whammy of poor demand and weak costs...

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