News
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.
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.
A plastics recycler is acquiring a custom blow molder in Ontario through a deal expected to expand production.
Today is America Recycles Day, so we're giving you an all-recycling edition of Kickstart.
Let's start granular. For those in the business of plastics recycling, there's good news in the form of higher prices for recycled resins, as documented in this Nov. 1 report from the Solid Waste Association of North America.
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.
As the increasing impact of the pandemic changes key aspects of trade and supply/demand imbalances have left their mark on global petrochemical markets in 2021, let's take a look at a Some fundamentals will resonate in the market by 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...
Traders say a series of shutdowns in India has provided an opportunity for Chinese PE exporters, at a time when China's surplus imports are awaiting new markets. . Chinese sellers have increased their focus on re-exporting PE to Southeast Asia to ease their inventory pressure.
PP, PVC and PE prices continued to decline as the end of May approached. Markets are poised to end the month on a bearish note, driven by weak demand due to inflationary pressures as well as tight liquidity. Meanwhile, market participants have begun to focus on the June outlook.