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European PS market dissipates before major price spikes, ABS sees prices unchanged
18
/07
/2022
The styrene market in Europe was disrupted by a fresh increase in the settlement price of styrene and benzene in July. PS quotes came out with strong gains, while ABS saw prices either flat or up slightly. because of weak demand. Market participants discuss what lies ahead, as sentiment gets stuck between strong costs and weak f...
Global oil and petrochemicals companies have strong earnings in the third quarter
09
/11
/2021
Global oil and petrochemical companies posted strong financial results for the third quarter of 2021, marking a continuation of the recovery from the impact of the pandemic. After a sharp drop in economic activity the previous year, some companies' quarterly earnings have returned to pre-Covid-19 levels. The companies detaile...
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.
Oil fluctuates at the highest level in many years
15
/11
/2021
After trading just below multi-year highs on Friday, crude oil prices edged higher last week. The pre-weekend rally extended into Monday and hit multi-year highs in intraday trading. The bullish sentiment due to tight global supply and increased fuel demand in the US and Asia supported the global benchmark oils.
There's been a lot of investment in recycling, but it's still not enough
14
/03
/2022
There's been a lot of investment in the recycling sector, but it's still not enough There's a lot of demand for a more rounded plastic industry - a call that doesn't just come from activists, but also from inside the house (metaphor).
China's cumulative PPH imports for January-April hit lowest level since 2008
10
/06
/2022
According to data from Statistical Instrumentation, China's total homo PP imports for the January-April 2022 period show the lowest figure since 2008.
Egypt's domestic and imported PP and PE markets tend to be mixed
06
/09
/2022
Several mixed factors have dragged Egypt's domestic and imported polyolefin markets in opposite directions over the past few weeks. While foreign exchange shortages and impeded imports gave distributors leverage to announce price increases, the import PP and PE markets have continued to weaken due to reduced demand.
Positive impact of plastic on climate change
20
/07
/2022
Contrary to popular belief, the production of plastic produces less greenhouse gas emissions than alternative materials.
What to expect in the polymer market in 2022?
10
/01
/2022
