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Bullish trend spreads in Indian PP, PE market due to production issues
17
/02
/2022
PP and PE prices have been increasing steadily since the beginning of January in India. Stronger buying momentum due to continued growth in upstream markets has continued to push import PP and PE prices higher in India, while technical and maintenance issues have further supported. for the recent uptrend.
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.
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...
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.
Honeywell supplies chemically recycled materials to TotalEnergies
19
/02
/2022
Companies see this as the next step towards a better plastic market France-based chemical company TotalEnergies and Honeywell International Inc. US-based company has signed a strategic agreement that will see Honeywell supply TotalEnergies with materials derived from the chemical recycling of waste plastic.
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.
Plastic businesses are struggling because of the high price of raw materials, the "big man" is taking advantage of more market share
09
/07
/2021
According to information on Bloomberg, PVC prices are showing signs of correction, down 15% from a record high of $ 1,600/ton in mid-April (up 28% compared to the beginning of the year, up 81% compared to the average price in 2020). ) to USD 1,360/ton (up 9% compared to the beginning of the year, up 54% compared to the average p...
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
