European PP, PE markets buffeted by weak fundamentals, further declines ahead
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 ...
PP, PVC and PE under pressure of sluggish demand in Turkey
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 ...
Is PVC heading for a nosedive?
Global PVC prices have been on a downward trajectory since around mid-April, while sentiment has recently turned more bearish particularly in Asia under the light of recent developments. Among the ...
Falling costs push Asian PET markets down from multi-year highs
PET bottle prices in Asia hit three-and-a-half year highs two weeks ago on the back of cost support and improving export demand. However, prices have started to soften since last week ...
PVC demand lags behind expectations despite high season in Europe
May has been a month of moderate drops in Europe’s PVC markets following the longest rising streak. A decline in purchasing activities was cited as the key factor behind the ...
Indian PP, PE markets remain bearish ahead of monsoon
As a result of Beijing’s stern restrictions to stem the spread of COVID-19, surplus import availability from China has been keeping Indian PP and PE markets bearish, which would likely ...
China’s PP, PE markets in flux amid renewed supply chain disruptions, depressed demand
China has been battling its most widespread outbreak since the initial peak of the pandemic in early 2020. With nearly 25 million residents confined to their homes, the lockdown in ...
PS, ABS prices hit all-time highs in Europe; a record gap with Asia
April hikes carried European PS and ABS markets to unprecedented levels as the rally gained momentum amid surging costs, while Asian markets were softer under the shadow of weak demand ...
