Plastic Prices

Chinese PP players discuss implications of weaker crude

Last week, players had been reporting that China’s PP market was showing signs of stabilizing after an extended downward turn, pointing to steady energy costs and limited supplies from domestic producers. At the start of this week, however, players are questioning the sustainability of the recent stabilizing trend, commenting that demand has not really improved […]

Share of imports shrinking in China’s PP market

China’s homo PP imports for May displayed a monthly decrease of 13% and a yearly decrease of 12%, according to ChemOrbis Import Statistics. When the overall imports conducted in the first five months of 2015 are taken into account, China imported 7% less than the same period of last year. The 13% monthly decrease in […]

African markets receive June PP, PE prices

According to ChemOrbis, players operating in African markets including Kenya, South Africa and Egypt have started to receive new import PP and PE prices for June cargoes. The new offers came in line with the players’ expectations. Prices from the Middle East indicate increases from May levels but the hike amounts are not as large […]