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What to expect in the polymer market in 2022?

What to expect in the polymer market in 2022?

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2022

As the increasing impact of the pandemic changes key aspects of trade and supply/demand imbalances have left their mark on global petrochemical markets in 2021, let's take a look at a Some fundamentals will resonate in the market by 2022.

VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022

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A Vietnamese trader said that domestic operations were halted before the Lunar New Year. Most of the final manufacturers of plastic products have halted production as the holiday mood kicks in. will continue next week. In terms of price, the import offer price for LLDPE C$ blown film from Saudi Arabia into

VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022
European PS, ABS markets open 2022 with an uptrend

European PS, ABS markets open 2022 with an uptrend

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2022

The European spot polystyrene (PS) and acrylonitrile butadiene styrene (ABS) markets opened the new year with increased bids from manufacturers. The main factor driving the market is the increase in upstream costs. Previously, both PS and ABS prices fluctuated in tight ranges throughout November and December due to production gl...

Outages reduce supply in Indian PE market, will this attract Chinese shipments?

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2022

Traders say a series of shutdowns in India has provided an opportunity for Chinese PE exporters, at a time when China's surplus imports are awaiting new markets. . Chinese sellers have increased their focus on re-exporting PE to Southeast Asia to ease their inventory pressure.

Outages reduce supply in Indian PE market, will this attract Chinese shipments?
PS goes down after 4 months of price increases in Europe

PS goes down after 4 months of price increases in Europe

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2022

Before PS prices reversed in February, they were on a steep upward trend that lasted from October 2021 to January 2022, supported by rising costs and shortages. According to the ChemOrbis Price Index, the average monthly spot price has increased by at least 25% from bottom to top.

Will the Asian PS market follow the ABS uptrend?

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2021

ABS sellers in China and Southeast Asia were encouraged to slightly increase their quotes last week. The main factors driving the market up are the recovery in crude oil futures prices as well as improving end consumer demand.

Will the Asian PS market follow the ABS uptrend?
Turkey's PP, PE and PVC markets close May with a downtrend, what will happen in the near term?

Turkey's PP, PE and PVC markets close May with a downtrend, what will happen in the near term?

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2022

PP, PVC and PE prices continued to decline as the end of May approached. Markets are poised to end the month on a bearish note, driven by weak demand due to inflationary pressures as well as tight liquidity. Meanwhile, market participants have begun to focus on the June outlook.

European PS, ABS markets supported by higher styrene prices, will this last?

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In the European styrene markets, the slight increase in the monthly styrene contract surprised market participants who had anticipated a marked drop in prices. The June styrene contract settled at a slight gain following a strong rally in the benzene settlement. Although PS and ABS market participants had previously predicted la...

European PS, ABS markets supported by higher styrene prices, will this last?
How does plastic waste move around the Earth?

How does plastic waste move around the Earth?

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2021

New NASA graphic shows the path of microplastics around the oceans across the Earth's surface. The researchers used NASA satellite data to track the movement of microplastics, pieces of plastic less than 5mm in diameter. Their graphics show high concentrations of microplastics in the South China Sea and Gulf of Thailand as we...

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