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PP, PE prices in July to China, Southeast Asia signal a stronger downtrend in the near future
12
/07
/2022
Several regional and foreign suppliers have announced July PP and PE prices for China and Southeast Asia mostly at lower levels this week. Weak demand in China as uncertainty over the pandemic persists, has been a major factor pulling prices down in the region.
The Controversy About Plastic Imports In Malaysia
03
/06
/2021
Malaysia decided to end the anti-dumping investigation on plastic imports from Vietnam, China, Indonesia and Korea, and to end the provisional anti-dumping tax and release the deposited deposits.
PS sellers’ May hikes find partial acceptance in Europe
23
/05
/2022
Rising costs encouraged European PS sellers to announce fresh hikes early in May. Having emerged €50-90/ton above April levels, PS prices hit fresh record highs but the upturn has lost speed. While smaller increases of around €50-60/ton have passed on deals so far, some sellers have started to report even rollovers in a few ...
PS, ABS prices hit all-time highs in Europe; record difference with Asia
20
/04
/2022
April's price spikes sent Europe's PS and ABS markets to unprecedented levels as the climb accelerated due to soaring costs, while Asian markets fell on weak demand. Since Europe has outperformed the global markets, especially Asia, the spread between the two regions has widened to a level large enough to set a new record.
Egypt's domestic and imported PP and PE markets tend to be mixed
06
/09
/2022
Several mixed factors have dragged Egypt's domestic and imported polyolefin markets in opposite directions over the past few weeks. While foreign exchange shortages and impeded imports gave distributors leverage to announce price increases, the import PP and PE markets have continued to weaken due to reduced demand.
China's cumulative PPH imports for January-April hit lowest level since 2008
10
/06
/2022
According to data from Statistical Instrumentation, China's total homo PP imports for the January-April 2022 period show the lowest figure since 2008.
Domestic PP and PE markets across Southeast Asia are strongly impacted by weak demand
06
/06
/2022
The domestic PP and PE markets in Southeast Asia have been going downhill over the past two months, driven by persistently weak demand, although a stronger US dollar continues to detract from the competitiveness of imports into the region.
Egyptian polyolefin market assesses impact of new import rules
27
/05
/2022
The decision of the Central Bank of Egypt to revoke a regulation requiring importers to obtain a letter of credit (L/C) has been welcomed by market participants in an effort to improve supply. However, most market participants remain cautious given the challenging macroeconomic environment in Egypt.
Europe's PP and PE markets are affected by weak fundamentals and deeper price declines in the near term.
30
/06
/2022
