Market News Asian olefins and polyolefins cautiously watching volatile crude December 24, 2014 / December 9, 2015 by plasticsinfomart According to ChemOrbis, players all around the world are closely eyeing the movements of crude oil as they are looking for a signal for the downstream petrochemical industry. Saudi Arabia’s determination not to cut output however far oil falls triggered new declines earlier in the week while futures have improved recently upon the largest growth […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart News for plastics industry PE price chart Plastic prices in india Plastics News plastics price PP Price Chart
Market News China’s foreign trading surplus grew 40.4% in first 11 months of 2014 December 23, 2014 / December 9, 2015 by plasticsinfomart According to latest China Customs figures, foreign trading in the first 11 months of 2014 totaled RMB23.95 trillion, up 2% Year On Year (YOY). Exports amounted for RMB13 trillion, a growth of 4.4% compared with the same period of last year; Imports of RMB10.95 trillion dropped by 0.4%, resulting in a trading surplus of RMB2.05 […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart News for plastics industry PE price chart Plastic prices in india Plastics News plastics price PP Price Chart
Market News Local and export PET prices hit 5-year lows in China December 23, 2014 / December 9, 2015 by plasticsinfomart According to ChemOrbis Price Wizard, China’s export and local PET prices hit their lowest levels since early 2009. Decreasing PET prices have been reinforced by relentless decreases seen in the upstream markets. Export PET prices retreated by $30-50/ton during this past week and prices on FOB basis broke below the $1000/ton threshold for the first […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india Plastics News PP Price Chart
Market News European players expect weak PVC market in January December 19, 2014 / December 9, 2015 by plasticsinfomart According to ChemOrbis, most players have wrapped up their December business with €20-30/ton decreases in European PVC markets this week. Converters in the region avoided pre-buying activities given the fact that steadily falling upstream costs draw a bearish picture for January ahead of Christmas Holidays. As a result of the ongoing decreasing trend that has […] 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 Spot ethylene prices in Asia carrying 6 year high December 17, 2014 / December 9, 2015 by plasticsinfomart According to data from ChemOrbis Price Wizard, spot ethylene prices on a CFR Northeast Asia basis are currently trading with their highest premium over spot propylene prices on an FOB South Korea basis since 2008, the latest date for which data is available. Spot ethylene prices have carried a premium over propylene prices for the […] Read more » ABS Price Chart HDPE Price Chart indian plastics news LDPE Price Chart PE price chart Plastic prices Plastic prices in india Plastics News PP Price Chart
Market News How will the global PE market performs from 2014-18? December 17, 2014 / December 9, 2015 by plasticsinfomart Global demand for polyethylene (PE) resins will rise 4% per year to 99.6 million metric tons in 2018, valued at US$164 billion, according to the latest Freedonia report. Gains will match overall world economic growth, fueled by acceleration in consumer spending and manufacturing activity, the study said. PE will continue to be the most widely […] Read more » ABS Price Chart Global plastics industry news HDPE Price Chart LDPE Price Chart News for plastics industry PE price chart Plastic prices Plastic prices in india PP Price Chart
Market News Will production cuts help stem Asian styrene slide? December 15, 2014 / December 9, 2015 by plasticsinfomart According to ChemOrbis, Asian styrene prices have been recording large decreases on the back of the relentless decreases seen on crude oil prices, which fell below the $60/bbl threshold on NYMEX last Thursday, and lower benzene costs. Spot benzene prices were reported $190/ton lower at the end of last week while spot styrene prices wrapped […] 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 Turkey provides better netbacks for Mid-East PP, PE than China December 10, 2014 / December 9, 2015 by plasticsinfomart The decreasing trend that has been in place since early September has gained speed recently in China’s polyolefin markets as per the pricing service of ChemOrbis. The import PP market has touched the lowest levels of more than 4 years this week, feeling extra pressure from new coal-based capacities. PE, on the other hand, has […] Read more » ABS Price Chart HDPE Price Chart LDPE Price Chart PE price chart Plastic prices Plastic prices in india PP Price Chart
