Tag Archives: Haldia PP Prices

Thin wall packaging industry undergoes structural changes, says AMI Consulting

Thin wall packaging industry undergoes structural changes, says AMI Consulting

A recent report from AMI Consulting pinpointed that in recent years thin wall packaging has become a space of dynamic structural changes in the rigid plastics market. Thin wall packaging is a large and relatively stable market in Europe, with the consumption of 3.1 million tons of polymer in 2015, according to the report. TheRead More

Paid Plastic Bags to Start on February 2016, Prices Yet to be Set

TEMPO, Jakarta – The paid plastic bags program is scheduled to start on February 21, 2016. The program will be initiated in an effort to reduce plastic waste. As the program comes into force in the future, modern retail stores must charge a certain fee to customers wishing to use plastic bags. Regarding the priceRead More

Platts: global petrochemical prices dropped 1.1% in December

Prices in the global petrochemicals market in December, expressed as a monthly average, were US$796 per metric ton (/mt), down 1.1% or US$9 per mt, from November’s average, according to the just-released monthly Platts Global Petrochemical Index (PGPI). Prices also closed the month on a low note, with an end-of-month closing physical price that wasRead More

January expectations diverge in global polyolefin markets

As reported on www.ChemOrbis.com, global polyolefin markets ended 2015 in the midst of fluctuating energy costs, stagnant trade given the year end book closures, holidays and slower economies. PP and PE markets in Turkey, the Middle East and Africa closed the year on a weak note with initial fresh offers coming lower. Prices in ChinaRead More

Egypt’s PP market hits the lowest levels since 2009

According to ChemOrbis Price Wizard, Egypt’s PP raffia market hit its lowest levels seen since 2009 both for import and local prices. This past week, distributors’ overall raffia prices saw additional decreases of EGP100-500/ton ($13-64/ton). Within the range, Egyptian cargoes tracked a stable to EGP150/ton ($19/ton) softer trend while locally held Middle Eastern cargoes wereRead More

HDPE, LLDPE prices trade at discount to ethylene in China

Players active in China commented that the imbalance between spot prices for ethylene and PE continues to intensify, with data from ChemOrbis Price Wizard showing that import HDPE film prices are now trading at a discount to ethylene. LLDPE film prices, meanwhile, continue to trade at a discount to ethylene, as has been the caseRead More

Protective packaging demand in US to reach US$6.8 billion in 2019, forecasts Freedonia

Bolstered by strong gains in Internet shopping, demand for protective packaging in the US is forecast to expand 4.9% per year to US$6.8 billion in 2019, according to a new report of Freedonia. As consumers purchase more products online, demand will increase for packaging which can protect these goods from shock, vibration, abrasion, and otherRead More

China’s export PET prices break below $800/bbl threshold

In China, export PET prices hit another low during this past week as reported on www.ChemOrbis.com. Export offers lost $20/ton at both ends of the range and reached below the $800/bbl threshold. Current export prices indicate the lowest levels reported since mid-November of 2008. In upstream news, three producers already nominated their new January MEGRead More

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