Market News Crude oil dives on oversupply problem November 11, 2014 / December 9, 2015 by plasticsinfomart Crude oil futures on NYMEX saw a figure as low as $75/bbl on Tuesday’s intra-day trading, before paring some of the losses, upon the news that Saudi Arabia cut its official prices for crude exports to the US market as per the pricing service of ChemOrbis. This pulled US oil prices to a 4-year-low amid […] Read more » plastic polymer industry Plastic prices Plastics News polymer market in india
Market News Are Asian PET markets stabilizing? November 3, 2014 / December 9, 2015 by plasticsinfomart In Asia, upstream creation expenses recorded week after week increments amid this previous week according to the evaluating administration of Chemorbis. Supply issues, coupled with firmer prospects prices assumed a part in the late uptick seen on upstream prices. Players reported that creation issues in South Korea incited firmer PTA prices. Nearly a week ago, […] Read more » plastic polymer industry Plastic prices Plastics News
Market News October PE prices emerge lower across Asia October 1, 2014 by plasticsinfomart Following a softening pattern in September, October offers have also started to be revealed with decreases again across Asian PE markets as per the pricing service of ChemOrbis. Players in China, Malaysia, Indonesia, Philippines and Vietnam are all reporting receiving new offers for October shipments with decreases of $20-30/ton on the month. In China, where […] Read more » PE prices Plastic prices Plastics News