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Will the Asian PS market follow the ABS uptrend?
22
/11
/2021
ABS sellers in China and Southeast Asia were encouraged to slightly increase their quotes last week. The main factors driving the market up are the recovery in crude oil futures prices as well as improving end consumer demand.
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.
The return of US PE puts pressure on prices in global markets
27
/12
/2021
Major global markets including Southeast Asia, Turkey and Europe have recently received more US PE quotes after a long absence. This is the end to the inventory build-up in the US, a year-end lull, and the Omicron variant putting additional strain on demand. The traditional year-end stock clearance from the US has not been po...
The reappearance of Russian PP, PE batches weakens sentiment in Vietnam
22
/04
/2022
Vietnam's import PP and PE markets went up in the last week of March, supported by high costs. This is despite continued weak demand and current pressure from re-exports from China. However, sentiment leveled off in early April due to the re-emergence of competitively priced Russian goods.
Bullish trend spreads in Indian PP, PE market due to production issues
17
/02
/2022
PP and PE prices have been increasing steadily since the beginning of January in India. Stronger buying momentum due to continued growth in upstream markets has continued to push import PP and PE prices higher in India, while technical and maintenance issues have further supported. for the recent uptrend.
Bio-Polyolefin Market Set to Grow as Fast as Sugar Cane
21
/05
/2022
Sugar cane can grow to a height of 10 feet in 12 months. Independent research by plastic market and technology expert MLT Analytics (MLTA) indicates that usage of polyethylene and polypropylene derived from renewable resources such as sugar cane, non-edible plants, and biogenic fats and oils has the potential to grow equally fas...
Italy's spot PP market slips due to weak demand, North West Europe has not followed the same trend
20
/12
/2021
In Italy, the spot PP market slipped after a cost-led rally in November. PP buyers have started to receive December quotes at flat or slightly lower levels as sellers cited reasons. due to weak demand at year-end as well as buying resistance. Up to this point, initial quotes in Western Europe have mostly been paced by a steady p...
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...
European PE market is under pressure from increased supply
26
/01
/2022
