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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.
Domestic PP and PE markets across Southeast Asia are strongly impacted by weak demand
06
/06
/2022
The domestic PP and PE markets in Southeast Asia have been going downhill over the past two months, driven by persistently weak demand, although a stronger US dollar continues to detract from the competitiveness of imports into the region.
A strong US dollar makes Asian PP and PE lose their competitiveness
31
/05
/2022
Traders say the dollar's surge against global currencies has made imported PP and PE less competitive against domestically sold products across China, Southeast Asia and India. because of increased import costs.
PS sellers’ May hikes find partial acceptance in Europe
23
/05
/2022
Rising costs encouraged European PS sellers to announce fresh hikes early in May. Having emerged €50-90/ton above April levels, PS prices hit fresh record highs but the upturn has lost speed. While smaller increases of around €50-60/ton have passed on deals so far, some sellers have started to report even rollovers in a few ...
Europe's PP and PE markets are affected by weak fundamentals and deeper price declines in the near term.
30
/06
/2022
After closing June deals with a triple-digit drop, European PP and PE market participants are bracing for deeper price drops next month due to ample supply and weak demand. Monomers are also forecast to decline due to the widening spread between spot and contract prices.
Japan makes plastic that can heal itself at room temperature
25
/04
/2022
Chemistry professor Takuzo Aida and colleagues used a substance called polyether thiourea to create a plastic material that can self-heal if the fragments are put together at room temperature.
Overcoming the pandemic storm, the plastic industry prospered
08
/04
/2022
Overcoming difficulties, the plastic industry showed many signs of recovery, maintained business operations and achieved many impressive achievements.
Statistics: China's first quarter PE imports recover from the lowest level in the past 4 years
18
/05
/2022
Data from ChemOrbis Import Statistics shows that China's cumulative PE imports in the first quarter of 2022 increased by 7.3% year-on-year, reaching around 3.5 million tonnes. The Q4 2021 volume shows the lowest quarterly figure in import statistics since the last quarter of 2017.
The reappearance of Russian PP, PE batches weakens sentiment in Vietnam
22
/04
/2022
