News

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.

Aduro, Switch focus on recycling agricultural plastics

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2021

Chemical recycler Aduro Clean Technologies Inc. and Ontario-based recycler Switch Energy Corp. will build a pilot plant in Sarnia, Ontario, to recover polyethylene and polypropylene used in agriculture.

Aduro, Switch focus on recycling agricultural plastics

Domestic PVC prices are in free fall despite the shortage of goods

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2021

PVC futures and spot were the commodities that recorded the biggest declines during this period. Although PVC supply remains tight in China, the notable drop in Dalian futures prices has impacted prices.

VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022

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2022

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

Import PE price decreases in line with local price

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2021

In the last week, local PE prices in China fell on the heels of Dalian futures and fell after a two-month climb. January LLDPE futures on the Dalian Commodity Exchange were down 640 CNY/ton ($100/ton) from the previous week through Oct.

Oil fluctuates at the highest level in many years

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2021

After trading just below multi-year highs on Friday, crude oil prices edged higher last week. The pre-weekend rally extended into Monday and hit multi-year highs in intraday trading. The bullish sentiment due to tight global supply and increased fuel demand in the US and Asia supported the global benchmark oils.

Oil fluctuates at the highest level in many years

There's been a lot of investment in recycling, but it's still not enough

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2022

There's been a lot of investment in the recycling sector, but it's still not enough There's a lot of demand for a more rounded plastic industry - a call that doesn't just come from activists, but also from inside the house (metaphor).

Billion dollar project in Ba Ria - Vung Tau officially put into operation

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2021

Ba Ria - Vung Tau - On December 17, the project of Polypropylene (PP) Factory and Hyosung LPG underground storage in Cai Mep - Thi Vai area, Phu My town was inaugurated. This is one of the typical projects and works inaugurated in December to celebrate the 30th anniversary of the establishment of the province. After 3 years o...

Billion dollar project in Ba Ria - Vung Tau officially put into operation

African PE, PP markets go up on tight supply and rising costs in March

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2022

Plastics suppliers in Africa are pushing for price increases due to higher energy costs caused by the Ukraine/Russia conflict and the potential to reduce supply in an already tight market. Although most grades of PP and PE saw price increases in March, basic demand in the market remained weak.