Industry news

A look back at European PP, PE markets in 2021: Supply snarls push prices to record highs

A look back at European PP, PE markets in 2021: Supply snarls push prices to record highs

2021 has proved to be a more challenging year for industry participants than 2020 was, with both spot PP and PE prices skyrocketing to unprecedented levels in Europe. PP and ...
December PP, PE offers emerge lower in China, SE Asia

December PP, PE offers emerge lower in China, SE Asia

PP, PE players in China and Southeast Asia have received December offers from regional and overseas suppliers with decreases since the beginning of this week. The impact of the new ...
Stats: China’s Q3 PE imports recover on quarter

Stats: China’s Q3 PE imports recover on quarter

Data from ChemOrbis Import Statistics show that China’s total PE imports in the third quarter of 2021 reached slightly above 3.640 million tons. The total volume indicated a slight increase ...
Nov hikes send Europe’s PE markets to multi-month highs

Nov hikes send Europe’s PE markets to multi-month highs

In Europe, PE sellers could obtain €80-100/ton increases on November deals on the back of higher costs and supply constraints for some grades. Sellers have mostly trimmed their initial hike ...
Vietnam PP prices propelled by bullish China market, improved demand outlook

Vietnam PP prices propelled by bullish China market, improved demand outlook

In Vietnam, import PP prices have been rising for the past two weeks after a month-long stability. This has been in line with the bullishness in the China PP market ...
African PP, PE markets extend gains into sept on tightness

African PP, PE markets extend gains into sept on tightness

In Africa, PP and PE offers for September were firmer as compared to August, largely as a result of diminished supplies from the Middle Eastern and Asian suppliers. Although demand ...
Logistics snarls propel import PP, PE offers higher in Europe

Logistics snarls propel import PP, PE offers higher in Europe

In Europe, players returned to a changing sentiment after summer holidays as prices for non-European origins have been revised upwards in tandem with rising shipping costs amid logistical mishaps. Suppliers ...
China’s import LD, HDPE prices soften after 2 months; LLDPE fares better

China’s import LD, HDPE prices soften after 2 months; LLDPE fares better

After following a stable to slightly firmer trend since early June, import LDPE and HDPE film prices in China witnessed slight decreases during the week that ended on August 13 ...
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