Tag Archives: PE price

PE price

Middle Eastern producers start to reveal new Sept offers

Middle Eastern producers start to reveal new Sept offers

Global PE markets have been on a steady decreasing trend since two months now, according to ChemOrbis. The bearish trend has been extended into next month now that initial September PE prices started to be announced lower, as expected, due to a number of factors such as sharply falling crude oil costs and globally slowerRead More

PE price

Italy’s PE market tracks downward trend in August

According to ChemOrbis, initial PE prices are emerging with decreases for August in Italy in line with the lower sell ideas reported at the end of last week. Retreating feedstock costs were cited as the main factor contributing to the current bearish trend as ethylene contracts settled with decreases of €70/ton for August, weighed downRead More

July PE offers from Mid-East revealed lower to Turkey

Several Middle Eastern producers started to reveal their PE prices to the Turkish market for July starting from late last week with decreases of up to $70-80/ton, according to ChemOrbis. A Saudi major also followed suit this week with decreases of $60/ton, although they are found too high to be accepted by buyers. A MiddleRead More

Turkey’s April imports hit a record high

According to ChemOrbis Import Statistics, Turkey’s overall polymer imports hit an all time high on a monthly basis in April. Homo PP and HDPE paved the way for the record imports on a product basis while other products’ contribution to the record was relatively smaller. More than 450,000 tons of polymers were imported in April,Read More

African markets receive June PP, PE prices

According to ChemOrbis, players operating in African markets including Kenya, South Africa and Egypt have started to receive new import PP and PE prices for June cargoes. The new offers came in line with the players’ expectations. Prices from the Middle East indicate increases from May levels but the hike amounts are not as largeRead More

PE price

June PE increases exceed ethylene hike on tightness in Europe

According to ChemOrbis, initial June PE prices are emerging across Europe after the monthly ethylene contracts settled up €60/ton from May towards the end of last week. Sellers are aiming for hikes larger than the upstream gains for another month, pointing to the tightness which remains in place following new production outages. Following Ineos’ forceRead More

PE price

Saudi Arabian major follows divergent PE price policies in global markets

According to ChemOrbis, a Saudi Arabian major appraoched global PE markets, including Turkey, Egypt and Southeast Asia, with mixed pricing policies for June. The main reason behind the producer’s divergent pricing trends is related to supply and demand conditions in those regions. In Turkey, the PE market is affected by dampened activity ahead of generalRead More

pp price

Initial June PP prices announced stable to softer in SEA

According to ChemOrbis, players in Southeast Asia report that major overseas producers have begun to announce their initial June PP offers with either rollovers or modest reductions in the face of resistance from buyers as well as weakening prices in the nearby Chinese market. An agent of a Saudi producer said that their supplier loweredRead More