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According to data from ChemOrbis Import Statistics, China’s overall PP imports jumped 43.5% on a monthly basis in May to reach 617,255 tons. This indicates the highest monthly volume ever since ChemOrbis started compiling data in 2001.
ABS prices across China and Southeast Asia have been following a downward trend since early February mainly due to subdued demand amid the rapid spread of COVID-19 outbreak.
Tightness propped up LDPE and HDPE film prices despite waning demand in Asian markets, while LLDPE yielded to weak demand. In Turkey, ample supplies were also blamed for the weakness of LLDPE.
The American Cleaning Institute is fighting back against a report claiming that the film on detergent pods are contributing to pollution.
Import PE prices in Southeast Asia have extended their gains into the eleventh consecutive week as tight availability continues to support the upward trend. Regional and overseas suppliers approached the market with further increases this week, yet they confirmed that buyers’ resistance was still in place and keeping hike amou...
Mặc dù vẫn đối mặt với những thách thức đến từ ảnh hưởng của dịch Covid-19, tuy nhiên nhìn chung trong tuần qua kinh tế toàn cầu đã đón nhận một số tín hiệu tích cực trong bối cảnh việc phát triển vắc-xin ngừa Covid-19 tại nhiều quốc gia đã có những ...
Global economies have been hit hard by the coronavirus pandemic, which rattled each and every sector all around the world and tampered with market dynamics in an unprecedented way.
An agent of a major Saudi Arabian producer reported that their supplier announced its April PE offers to China with significant decreases from March while keeping PP offers steady.
A day ahead of expiry, May contract for the US oil benchmark West Texas Intermediate (WTI) on NYMEX collapsed to below zero for the first time ever on Monday amid an oversupplied market and a sharp contraction in oil demand caused by the coronavirus pandemic.