Bangladesh’s exports earnings from the plastic sector dropped 14% to $51.73m in the first seven months of this fiscal year. Drastic fall in the raw materials’ prices has been blamed for bleak performance by the country’s emerging industry. According to the Export Promotion Bureau (EPB) latest data, in July-January period of FY2015-16, the country earned […]
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. The […]
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 price […]
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 was […]
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 China […]
According to the National Bureaus of Statistics of China (NBSC), the industrial profits of enterprises above designated size from January to November amounted to RMB 5,538.68 billion, a Year on Year (YOY) decrease of 1.9%. In November, the industrial profits of enterprises above designated size achieved RMB 672.08 billion, a YOY decrease of 1.4%, and […]
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 case […]
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 other […]
