India import PVC market recedes from all-time high on COVID-hit demand
The blockbuster rally in India’s PVC market has run out of steam and import K67 prices have receded from their all-time highs this week in the face of rapidly reduced ...
European plastics processors alarmed by forces majeures
“We want to avoid a second 2015,” says Ron Marsh, chairman of the Polymers for Europe Alliance (www.polymercomplyeurope.eu/pce-services/polymers-europe-alliance), an initiative in association with EuPC (Brussels / Belgium; www.plasticsconverters.eu). There has been an alarming increase in forces ...
African PP, PE markets firmer on continued tightness in supplies
In Africa, regional markets kicked off February on a strong note as a continued tightness in supplies kept sellers’ stance bullish. However, demand was moderate-to-weak across the continent as COVID-19 ...
Outlook 2021: Europe PE and PP tightness to ease on new supply
2020 is not ending as many expected in the European polyethylene (PE) and polypropylene (PP) markets, and sentiment has changed significantly in the last few weeks. 2020 was expected to ...
MARKET OVERVIEW: Updated to Q2 2020
Asia China’s domestic PE production increased in Q2, as downstream operations have largely resumed. Some units were shut for planned maintenance in Q2, but new capacities were brought online. Regional ...
US-China trade war concerns hit Asian polymer market
The Asia-Pacific polymer market is turning bearish because of an escalation in the US-China trade war, which could lead to higher tariffs being imposed on many chemical products as soon ...
3 Polyethylene Market Trends to Keep an Eye on in 2020
Business is booming in the polyethylene industry. Thanks to the ability to produce this versatile, recyclable polymer inexpensively, the value of the United States PE industry is forecasted to be ...
Polyethylene investment still surging in North America
The investment in North American polyethylene (PE) has already resulted in the addition of over 4.5 million tonnes/year of new capacity since 2017. At least 30% of that new capacity ...
