Market News MEA players: Mid-Eastern producers to come with firmer April prices March 25, 2015 / December 9, 2015 by plasticsinfomart In the Middle East and Africa, players comment that they expect firmer prices for both PP and PE for April from the Middle Eastern producers, according to ChemOrbis. Players in these markets mostly form their anticipations based on the regional producers’ limited supplies. According to a Saudi Arabian trader, three Saudi Arabian producers were conducting […] 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 Outages add to supply issues in European PP, PE markets ahead of April March 24, 2015 / December 9, 2015 by plasticsinfomart The European PP and PE markets have been hit by production issues ahead of April, according to ChemOrbis. Adding to the prevailing supply constraints, the recent force majeure declarations are being cited as the main factor that is expected to lend support to higher PP and PE prices next month. Borealis declared force majeure on […] 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’s PVC market carries an all-time-high premium over Italy March 23, 2015 / December 9, 2015 by plasticsinfomart According to ChemOrbis, Turkey’s PVC market has been trading well above the spot market in Italy since late February, defying the premium Italy usually carries above Turkey. ChemOrbis Price Index suggests that Turkey’s import PVC market is now standing more than $100/ton above Italy’s local spot market on average, as can be seen from the […] 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 Re-export PP from China becomes more common in SEA March 20, 2015 / December 9, 2015 by plasticsinfomart According to ChemOrbis, players report more offers for Chinese origin and re-exported PP cargoes from China in Southeast Asian markets where prices moved higher this week. Discouraging post-holiday demand in China is blamed as the main reason for sellers looking to divert their cargos from China to other countries including India, Vietnam, Indonesia and Myanmar […] 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 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
