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Vietnam's Plastics, Steel and Wood Industry Are Being Affected By The World's "Super Cyclone"
22
/03
/2021
In the past few months, the wood industry has experienced an average growth of 10%. Iron and steel increased by 30% while plastic prices also increased rapidly by 30-50%. It can be seen that the world price hike super cyclone is affecting Vietnam. Specifically, from the end of last year up to now, the price of iron and steel ha...
China supply chain under huge pressure of raw material costs
31
/05
/2021
China's factories, power plants and farms are under enormous pressure from the rising cost of raw materials, while the Chinese people's pockets have not been affected too much.
The price of virgin plastic beads heats up in September, with the price of recycled materials increasing
04
/09
/2021
Prices for polypropylene, polystyrene and PVC have all increased since September 1 due to high demand and some supply constraints.
ExxonMobil to cut 7% of Singapore workforce, cites 'unprecedented conditions'
04
/03
/2021
SINGAPORE: ExxonMobil said on Tuesday (Mar 2) it will cut about 7 per cent of its workforce in Singapore, as "unprecedented market conditions" due to the COVID-19 pandemic accelerate ongoing reorganisation.
Will China’s focus on PP exports cushion the global run-up?
23
/03
/2021
Chinese PP offers have shown up recently in Vietnam, Turkey and Europe, players reported. This is the consequence of Chinese producers’ willingness to take advantage of arbitrage opportunities emanating from sharper increases in these markets, although they are not necessarily at aggressive levels.
Berry sees ongoing growth in emerging markets
19
/08
/2021
When Berry Global Group Inc. changed its name in 2017, the move was designed to better represent how the company has grown since the 1980s from a single facility in Indiana.
Pace of PP, PE hikes in China and SE Asia slackens
25
/03
/2021
The polyolefin upturn in China and Southeast Asia has stretched into the fourth week after the Lunar New Year holidays. Although persisting supply limitations support import prices at high levels, the pace of gains has slackened this week amid mixed buying sentiment. Converters in both China and Southeast Asia were reluctant to...
Global shipping turmoil deepens, adding to the upheaval in plastic resins
22
/02
/2021
Polymer markets shoot up in a tumultuous climate, where the global shipping crisis has contributed to the soaring prices in major regions. Global supply chains, both upstream and downstream in the plastic resin industry, were disrupted amid production snarls, a shortage of containers and changing demand patterns triggered by the...
LDPE, PP prices hit all-time highs in Europe
16
/03
/2021
