Market News Spread between spot ethylene, naphtha prices rises in Asia March 20, 2015 / December 9, 2015 by plasticsinfomart According to data from ChemOrbis Price Wizard, the spread between spot prices for ethylene and naphtha in Asia has risen to the largest level seen since November of 2014. Regional supply tightness has been pushing ethylene prices higher while naphtha has tracked crude oil prices downward over the past week. As a result of these […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News Players in China, Turkey feel edgy about 6-year low oil March 18, 2015 / December 9, 2015 by plasticsinfomart Crude oil prices have been weakening again for the past few weeks on a supply glut in the US. Despite the tumbling number of active rigs, the US is pumping more oil than at any time, pulling crude oil prices to a 6-year low. Oil futures lost 15% on Brent and 18-19% on NYMEX in […] Read more » ABS Price Chart Global plastics industry news HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News European PET market holds firm on higher costs March 17, 2015 / December 9, 2015 by plasticsinfomart According to ChemOrbis, the European PET market continues to witness gradual increases and local prices are seen drawing near the €1000/ton threshold. The firming trend was attributed to higher upstream costs in addition to improved demand on the back of the approaching high season for PET applications. After an initial March PX contract settled up […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News European spot styrene prices defy volatile crude oil March 16, 2015 / December 9, 2015 by plasticsinfomart In Europe, spot styrene prices continued to gain increases during this past week and the cumulative increases seen on the spot styrene market have reached around $245/ton on FOB NWE basis, since the beginning of March as per ChemOrbis pricing service. These increases occurred despite the volatile crude oil prices, which went below the $50/bbl […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News Import PP prices gain premium over domestic market in China March 14, 2015 / December 9, 2015 by plasticsinfomart According to data from ChemOrbis Price Index, import homo-PP prices in China have gained a premium over local prices as sentiment has been moving in divergent directions in the import market relative to the domestic market. Domestic homo-PP prices on an ex-warehouse China basis reached their highest premium relative to imports over the past year […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india Plastics raw materials PP Price Chart
Market News Is buying appetite cooling off in Turkey? March 13, 2015 / December 9, 2015 by plasticsinfomart The polymer markets have been rising rapidly since early February in Turkey, according to ChemOrbis. The main driver behind these hefty hikes has been the ongoing tightness for prompt cargoes. Reduced or cancelled allocations from global suppliers have exacerbated the availability concerns. Nevertheless, players are now questioning the large price increases which have occurred over […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News Better trading activity follows March hikes in the Middle East March 12, 2015 / December 9, 2015 by plasticsinfomart In the Middle East, March offers were revealed in the region’s markets last week with increases from February levels, according to ChemOrbis. This was no surprise to players given the very limited supply levels from Saudi producers, especially for PE. A major Saudi Arabian producer issued March homo-PP and PE prices for their local market […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india Plastics News Portal PP Price Chart
Market News European PS market soars on rising styrene contracts March 11, 2015 / December 9, 2015 by plasticsinfomart PS suppliers in Europe returned to the market with three digit hike requests for March citing tight supplies region wide and rising upstream costs as per ChemOrbis pricing service. Prior to the styrene contracts that settled up €175/ton, expectations had centered on hikes of up to €80/ton. However, sellers’ current hike requests are surpassing the […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
