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Plastics suppliers in Africa are pushing for price increases due to higher energy costs caused by the Ukraine/Russia conflict and the potential to reduce supply in an already tight market. Although most grades of PP and PE saw price increases in March, basic demand in the market remained weak.
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In the last week, local PE prices in China fell on the heels of Dalian futures and fell after a two-month climb.
January LLDPE futures on the Dalian Commodity Exchange were down 640 CNY/ton ($100/ton) from the previous week through Oct.
After a strong rally after the National Day holiday, both local and import PP prices reversed course over the past week as Dalian futures prices fell and have continued to trend lower since then.
Since last week, activity in Turkey has almost stopped in the face of strong fluctuations in the USD/lira exchange rate. Most buyers chose to stay out of the economy due to the bleak economic situation as the lira hit a record low. However, supply shortages of some products continu
Alpla Inc. North America, known more for blow molding capabilities, soon will begin construction of a 246,000-square-foot injection molding facility in Kansas City, Mo.
Conventional plastics can be degraded when in contact with the rumen in the cow's stomach, this solution could solve the current problem of plastic waste pollution.
Asian ethylene and propylene markets have held steady so far this week, albeit at the lower levels seen over the past 8 weeks, with prices continuing to be capped by regional oversupply and weak demand. Whether the news that China’s ZPC will delay the start-up of its No 3 cracker will be enough to help falling olefin prices lo...
The session transaction plastic PS from Vietnam Vietnam to Indonesia ended with a slight discount..
As the recent news about the slight fluctuation of import and export, the transactions for plastic PS of Vietnam Vietnam to Indonesia have, end with light discount.