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Recycler EFS buys blow molder to ‘increase its market strength'
08
/10
/2021
A plastics recycler is acquiring a custom blow molder in Ontario through a deal expected to expand production.
Turkish PP and PE markets stuck between limited supply and cautious demand
05
/11
/2021
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
VIETNAM PE PLASTIC PRICE SITUATION ON January 19, 2022
19
/01
/2022
A Vietnamese trader said that domestic operations were halted before the Lunar New Year. Most of the final manufacturers of plastic products have halted production as the holiday mood kicks in. will continue next week. In terms of price, the import offer price for LLDPE C$ blown film from Saudi Arabia into
Weak demand affects ABS prices in global markets
02
/06
/2022
Market participants confirmed weaker ABS sentiment globally, driven by lower-than-expected demand in major markets including China, Southeast Asia, Turkey and Europe. Import prices in China and Turkey have continued to slide to new lows amid mounting selling pressure, despite a fresh rally in the Asian spot styrene market.
Asian ethylene, propylene prices under heavy strain from oversupply
22
/12
/2021
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...
European PS, ABS markets supported by higher styrene prices, will this last?
20
/06
/2022
In the European styrene markets, the slight increase in the monthly styrene contract surprised market participants who had anticipated a marked drop in prices. The June styrene contract settled at a slight gain following a strong rally in the benzene settlement. Although PS and ABS market participants had previously predicted la...
How does plastic waste move around the Earth?
15
/12
/2021
New NASA graphic shows the path of microplastics around the oceans across the Earth's surface. The researchers used NASA satellite data to track the movement of microplastics, pieces of plastic less than 5mm in diameter. Their graphics show high concentrations of microplastics in the South China Sea and Gulf of Thailand as we...
Import PE price decreases in line with local price
03
/11
/2021
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.
Outages reduce supply in Indian PE market, will this attract Chinese shipments?
12
/04
/2022
