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 ...
PP, PE Producers cut run rates across Asia as high costs hammer margins
Many Asian PP and PE producers have either cut or considered lowering their operating rates recently as multi-year high spot naphtha and olefins prices have wrecked margins. Spot ethylene and propylene are ...
African PE, PP markets higher on tight supply, firm costs in March
Resin suppliers in Africa are pressing for price increases on the basis of higher energy costs driven by the Ukrainian/Russian conflict and the potential of diminishing supplies in an already ...
PP prices to extend bullish run into February in India
Import PPH prices continue to rise in India as players resort to stock building in anticipation of higher prices. Indian buyers, who mostly remained on the sidelines in November - ...
Asian PET exporters enjoy healthy demand across the board
Global PET bottle markets have followed a firm trend in February, driven by spiking crude oil prices. Contributing to the scene have been elevated freight rates and lingering container issues, ...
An Phat Holdings to be honored with Vietnam Gold Star Award
On 14th February 2022, the Organizing Board of the Vietnam Gold Star Award announced that An Phat Holdings had won this prestigious award granted by the Vietnam Youth Federation Central ...
