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Import PP prices give a recovery signal
04
/07
/2022
The easing of COVID restrictions in Chinese cities and the return of buying demand in the local market have captured the downtrend in PP prices in India after nearly two months, an Indian trader said. know: “PP prices are unlikely to slide any deeper and in the short term look stable to a slightly flat level.” “Domestic de...
PS goes down after 4 months of price increases in Europe
23
/02
/2022
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
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...
The Controversy About Plastic Imports In Malaysia
03
/06
/2021
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.
All eyes are on China for the lifting of restrictions: Bumpy recovery path for PP, PE and PVC across Asia
27
/06
/2022
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...
PS, ABS prices hit all-time highs in Europe; record difference with Asia
20
/04
/2022
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.
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.
PP, PE prices in July to China, Southeast Asia signal a stronger downtrend in the near future
12
/07
/2022
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.
Plastic businesses are struggling because of the high price of raw materials, the "big man" is taking advantage of more market share
09
/07
/2021
