Plastic Prices

Chinese PP players discuss implications of weaker crude

Last week, players had been reporting that China’s PP market was showing signs of stabilizing after an extended downward turn, pointing to steady energy costs and limited supplies from domestic producers. At the start of this week, however, players are questioning the sustainability of the recent stabilizing trend, commenting that demand has not really improved […]

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December PE increases exceed ethylene hike in Europe

As reported on www.ChemOrbis.com, December PE prices have emerged higher across Europe over the past week, supported by firmer upstream costs. Sellers are aiming for increases larger than the hike of €22.5/ton in ethylene contracts, pointing to the prevailing supply constraints for PE. A South European producer is giving offers for their December PE contracts […]