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.
According to information on Bloomberg, PVC prices are showing signs of correction, down 15% from a record high of $ 1,600/ton in mid-April (up 28% compared to the beginning of the year, up 81% compared to the average price in 2020). ) to USD 1,360/ton (up 9% compared to the beginning of the year, up 54% compared to the average p...
In Europe, the styrene market has plunged after being mostly bullish for the past 4 months due to the fall in the February styrene contract. Initial February quotes came in lower, also hit by sluggish demand as supply concerns eased.
PS remains at record high, price up about 25% from bottom to top
Malaysia decided to end the anti-dumping investigation on plastic imports from Vietnam, China, Indonesia and Korea, and to end the provisional anti-dumping tax and release the deposited deposits.
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...
Shanghai, not only China's largest city with a population of about 25 million people but also an important financial, manufacturing and shipping hub, has ended its two-month anti-Covid-19 blockade since the beginning of the year. from June 1 while anti-pandemic measures are also eased in the capital Beijing. This was done despit...
Several regional and foreign suppliers have announced July PP and PE prices for China and Southeast Asia mostly at lower levels this week. Weak demand in China as uncertainty over the pandemic persists, has been a major factor pulling prices down in the region.
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.
April's price spikes sent Europe's PS and ABS markets to unprecedented levels as the climb accelerated due to soaring costs, while Asian markets fell on weak demand. Since Europe has outperformed the global markets, especially Asia, the spread between the two regions has widened to a level large enough to set a new record.