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Italy's spot PP market slips due to weak demand, North West Europe has not followed the same trend
20
/12
/2021
In Italy, the spot PP market slipped after a cost-led rally in November. PP buyers have started to receive December quotes at flat or slightly lower levels as sellers cited reasons. due to weak demand at year-end as well as buying resistance. Up to this point, initial quotes in Western Europe have mostly been paced by a steady p...
The largest export of plastic sheets, slabs and films in the first 9 months of 2021
08
/12
/2021
With export turnover growing strongly in the first 9 months of 2021, plastic sheets, sheets and films replacing plastic bags become Vietnam's largest export plastic products in the first 9 months of 2021, with a turnover of 796 $1.1 million, accounting for 21.2% of the total export turnover of plastic products. Compared to the s...
European PE market is under pressure from increased supply
26
/01
/2022
January PE prices in Europe have appeared flat or down from the previous month. While the delayed arrival of US goods has helped regional suppliers to some extent, the growing supply due to higher import supplies and low demand has particularly put pressure on commodities. LDPE and HDPE.
September PE quotes for Southeast Asia tend to reverse due to demand impacted by Covid
15
/09
/2021
PE prices in Southeast Asia went up from mid-June to late-July. However, since the beginning of August, a steady trend has permeated the market due to a combination of mixed factors including demand. End-consumer demand continues to weaken, freight rates are high, and supply decreases due to lower plant operating capacity.
PS goes down after 4 months of price increases in Europe
23
/02
/2022
In Europe, the styrene market has plunged after being mostly bullish for the past 4 months due to the fall in the February styrene contract. Initial February quotes came in lower, also hit by sluggish demand as supply concerns eased. PS remains at record high, price up about 25% from bottom to top
19 products have been certified with environmentally friendly plastic bags
08
/02
/2022
According to the General Department of Environment (Ministry of Natural Resources and Environment), there are currently 19 products that have been granted certificates of environmentally friendly plastic bags, valid until the end of 2021 or 2022 and 2023.
Competition will heat up in the European PE market in 2022
30
/12
/2021
Saudi Arabia shifts focus to PE exports to Western Europe China's main PE suppliers are located in the Middle East and are Saudi Arabia, Iran, UAE and Qatar. All are subject to a drop in exports to China in 2021. Saudi Arabia, which is capable of exporting more than 9 million tonnes of PE per year, has faced a 22% drop in exp...
Vehicle accessories buy carpet manufacturer Remington Global
06
/01
/2022
Automotive Injection Molding and Extrusion Machine Vehicle Accessories Inc. acquired auto supplier Remington Global Inc. for an undisclosed price. Remington is headquartered in Ooltewah, Tenn. manufactures floor protection products for automotive original equipment manufacturers. In a press release, VAI officials said Remingt...
Focus on recycled content prompts search for the best way to hit targets
12
/01
/2022
